The following table presents selected information for Superior Flooring's monthly production budgets for the coming year. Superior's inventory policy is to have ending inventory equal to 10% of the next month's sales.     April   May    June Desired ending inventory     ?  ?   ? Beginning inventory  300  ?  Q10  Budgeted sales 2,800   3,100   3,500 Budgeted production  Q9   3,140 3,400   What is the budgeted production in April?

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
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Problem 4EA: One Device makes universal remote controls and expects to sell 500 units in January, 800 in...
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The following table presents selected information for Superior Flooring's monthly production budgets for the coming year. Superior's inventory policy is to have ending inventory equal to 10% of the next month's sales.

 

  April   May    June Desired ending inventory     ?  ?   ? Beginning inventory  300  ?  Q10  Budgeted sales 2,800   3,100   3,500 Budgeted production  Q9   3,140 3,400  

What is the budgeted production in April?

 
  1. 2,790

     
  2. 2,810

     
  3. 3,410

     
  4. 2,500

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