Cors on wants to finish each month with 30 percent of next month\'s sales in uni

Question

Cors on wants to finish each month with 30 percent of next month's sales in units. reate a production budget, assuming that January beginning inventory is 20,000 units and April sales will be 34,000 units. Production Budget Sales in Units Desired End Inv. Subtotal Beginning Inv. Units to Produce PRESENT VALUE OF $1.00 Per Jan Feb Mar PRESENT VALUE OF A SERIES OF $1.00 CASH FLOW Per. 6% 8% 9% 10% 11% 12% 15% 9% 10% 11% 12% 15% 1 0.9434 09259 0.9174 0.9091 0.90090.8929 0.8696 0.89 0.8573 0.8417 0.8264 0.8116 0.7972 0.7561 0.8396 0.7938 0.7722 0.7513 0.7312 0.7118 0.6575 0.7921 0.735 0.7084 0.683 0.6587 0.6355 0.5718 5 0.7473 0.6806 0.6499 0.6209 0.5935 0.5674 0.4972 6 0.705 0.6302 0.5963 0.5645 0.5346 0.5066 04323 7 0.6651 0.5835 0.547 0.5132 04817 0.4523 0.3759 8 0.6274 0.5403 0.5019 0.4665 0.4339 0.4039 0.3269 9 0.5919 0.5002 0.4604 0.4241 0.3909 0.3606 0.2843 10 0.5584 0.4632 0.4224 0.3855 0.3522 0.322 0.2472 6% 8% 0.9434 0.9259 09174 09091 0.9009 0.8929 0.8696 2 1.8334 1.7833 1.7591 1.7355 1.7125 16901 1.6257 3 2673 2.5771 25313 2.4869 2.4437 2.4018 2 2832 4 3.4651 33121 3.2397 3.1699 3.1024 30373 2.855 5 4.2124 3.9927 3.8897 3.7908 36959 3.6048 33522 4.9173 4.6229 44859 4.3553 42305 4.1114 3.7845 7 5.5824 5.2064 5.033 4.8684 4.7122 4.5638 4.1604 8 6.2098 5.7466 5.5348 5.3349 5.1461 4.9676 4.4873 9 6.8017 6.2469 59952 5.759 5537 53282 4.7716 10 7.3601 6.7101 64177 6.1446 5.8892 5.6502 5.0188

Explanation / Answer

Production Budget Jan Feb Mar Sales in Unit 18000 24000 30000 Desired End Inv @30% 7200 9000 10200 Subtotal 25200 33000 40200 Beginning Inv 20000 7200 9000 Unit to produce 5200 25800 31200 Note: 1) Opening Stock Quantity Presumed as 20000 2) Clsoing stock for March will be ( 34000*30%) 3) Sales figure for Jan, Feb, March not provided but assumed beacause earlier solved similar question

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