Finished goods inventory at the end of 2013 was 10000 units


Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows:

January 40,000

February 50,000

March 60,000

Finished goods inventory at the end of 2013 was 10,000 units. On average, 25% of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150 per unit. What would be the sales budget for March of Fantastic Futons?

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Financial Accounting: Finished goods inventory at the end of 2013 was 10000 units
Reference No:- TGS01006635

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