Bidbid Company's production budget for month of February is 37,000 units, and the Company's ending finished goods inventory policy is 10% of the following month's sales. The company plans to sell 10,000 units in March. How many units will be sold in February?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bidbid Company's production budget for month of February is 37,000 units, and the Company's ending
finished goods inventory policy is 10% of the following month's sales. The company plans to sell 10,000
units in March. How many units will be sold in February?
O a.
None of the given answers.
O b. 25,250
О с. 40,000
O d. 12,750
O e.
30,000
Transcribed Image Text:Bidbid Company's production budget for month of February is 37,000 units, and the Company's ending finished goods inventory policy is 10% of the following month's sales. The company plans to sell 10,000 units in March. How many units will be sold in February? O a. None of the given answers. O b. 25,250 О с. 40,000 O d. 12,750 O e. 30,000
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