ACCT 322 SEU Sales & Production Budget for The Quarter Ending June 30 Excel Exercise

User Generated

abhhh

Business Finance

ACCT 322

Saudi electronic university

ACCT

Description

ABC prepares budgets for the quarter ending June 30 as follows:

Sales in units: April 20,000, May 50,000, June 30,000, July 25,000. Selling price is SR 10 per unit. , inventory in March 31, is 4,000 units. Desired inventory is 20% of the next month sales.

Required:

a. Prepare sales budget

b. Prepare production budge

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Explanation & Answer

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ABC Company
Sales Budget
For the quarter ending June 30
Units
Ap...


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