Business, 30.03.2020 19:36, cassandrabeliles

Preparing a Production Budget Tulum Inc. makes a Mexican chocolate mix. In the first 4 months of the coming year, Tulum expects the following unit sales: January 22,000 February 20,000 March 30,000 April 31,000 Tulum’s policy is to have 20% of next month’s sales in ending inventory. On January 1, it is expected that there will be 1,300 boxes of the chocolate mixture on hand. Required: Prepare a production budget for the first quarter of the year. Show the boxes that should be produced each month as well as for the quarter in total.

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Preparing a Production Budget Tulum Inc. makes a Mexican chocolate mix. In the first 4 months of the...