Business, 26.07.2019 06:20 Jazzy2006

Prepare the production budget for johnson inc.. company policy calls for a given quarter’s ending finished goods inventory to equal 90% of the next quarter’s expected unit sales. the finished goods inventory at the end of the prior year is 972 units, which complies with the policy. expected sales (in units) for the current year are: 1,080 (quarter 1), 720 (quarter 2), 960 (quarter 3), and 960 (quarter 4). sales for the first quarter of the following year total 1,440 units.

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Prepare the production budget for johnson inc.. company policy calls for a given quarter’s en...