.  Lunar Industry maintains ending inventory for each month at 40% of the next month’s sales. The company predicted the following sales for the first four months of the year:       January   February   March   April Sales (units) 1,560   1,820   1,950   1,560   How many units should be produced in February? a)1,988   b)1,092   c)1,872   d)1,768   e)2,600

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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3. 

Lunar Industry maintains ending inventory for each month at 40% of the next month’s sales. The company predicted the following sales for the first four months of the year:

 

 

 

January

 

February

 

March

 

April

Sales (units)

1,560

 

1,820

 

1,950

 

1,560

 

How many units should be produced in February?

a)1,988
 
b)1,092
 
c)1,872
 
d)1,768
 
e)2,600
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