1006

6-17: Sales and Production budget: The McKnight Company expects sales in 2015 of 208,000units of serving trays. McKnight’s beginning inventory for 2015 is 18,000trays, and its target ending inventory is 27,000trays. Compute the number of trays budgeted for production in 2017. 6-18: Direct Material Budget Inglenook Co. produces wine. The acgexpects to produce 2,500,000two-liter bottles of Chablis in 2010. Inglenook purchases empty glass bottles from an outside vendor. Its target ending inventory of such bottles is 80,000; its beginning inventory is 50,000. For simplicity ignore breakage. Compute the number of bottles to be purchased in 2010.