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Business, 22.03.2021 23:10 jonestheproblem5029

Bailey Company expects to sell 1 comma 500 units of finished product in January and 1 comma 750 units in February. The company has 180 units on hand on January 1 and desires to have an ending inventory equal to 80​% of the next​ month's sales. March sales are expected to be 1 comma 820 units. Prepare Bailey​'s production budget for January and February. Select the​ labels, enter the amounts and prepare the production budget for January. ​Then, prepare the production budget for February. Bailey Company Production Budget Two Months Ended January 31 and February, 28 January Budgeted units to be sold 1500 Plus: Desired units in ending inventory Total units needed Less: Units in beginning inventory 180 Budgeted units to be produced February 1750 364 1400

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