Bortle Manufacturing Group estimates that sales for the coming year will be 576,000 units. Company policy is to maintain a finished goods inventory of one and one-half month's unit sales. Beginning inventory is 75,000 units. Assume sales occur uniformly throughout the year. Required: Estimate the production level for the coming year for Bortle to meet these objectives Production in units =
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
![Bortle Manufacturing Group estimates that sales for the coming year will be 576,000 units. Company
policy is to maintain a finished goods inventory of one and one-half month's unit sales. Beginning
inventory is 75,000 units. Assume sales occur uniformly throughout the year.
Required:
Estimate the production level for the coming year for Bortle to meet these objectives
Production in units =](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fafeffe5b-832e-4cc3-be3f-a928c9739a00%2Fde42bafc-7859-4dde-8c6f-90d368d872b9%2F5tofe7j_processed.jpeg&w=3840&q=75)
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