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24 June, 13:32

Production Budget Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units. Prepare a production budget report in units for Pasadena Candle Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Production Budget For the Month Ending January 31 Total units available Total units to be produced in January

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  1. 24 June, 17:17
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    Production budget:

    Projected sales = 64,000

    Ending inventory = 7,000

    Beginning inventory = (2,600)

    Total = 68,400 units

    Explanation:

    Giving the following information:

    Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units.

    Production budget = projected sales + ending inventory - beginning inventory

    Production budget:

    Projected sales = 64,000

    Ending inventory = 7,000

    Beginning inventory = (2,600)

    Total = 68,400 units
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