They plan on selling 1500 phones every quarter Q1-Q2 at a cost of 700$ per phone. They plan on selling 2500 phones at Q3-Q4 at a cost of 600$ per phone. Prepare the Sales Budget.
They would desire a finished goods inventory of 100 phones every quarter Q1-Q2, and 50 phones for Q3-Q4. The beggining inventory is 25 in Q1. Prepare the Production Budge