the ending inventory of finished goods for each month must be equal to 40 of the nex 639336
Long Company’s budgeted sales are as follows:
January |
February |
March |
April |
|
Units sales |
1,500 |
1,250 |
1,625 |
1,375 |
The ending inventory of finished goods for each month must be equal to 40% of the next month’s budgeted unit sales. Finished goods inventory on January 1 was 600 units. Calculate the number of units scheduled for production in March.
a. 1,275.
b. 1,400.
c. 1,525.
d. 1,625.