Question

Production Budget Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1 inventory is 35,000 units, and the desired January 31 inventory is 20,000 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 fill in the blank 2 fill in the blank 4 Total units available fill in the blank 5 fill in the blank 7 Total units to be produced in January fill in the blank 8

Answer 1

Production budget for Pasadena Candle Inc

Expected units to be sold 800,000

Desired ending inventory, Dec 31 20,000

Total units available 820,000

Estimated beginning inventory, Jan 1 -35,000

Total units to be produced in Jan. 785,000