Need Help Cari Chair Company manufactures rocking chairs. The estimated number of rocking chairsales for each of the last three months of Year 1 is as follows:MonthUnit salesOctober 10,000November 14,000December 15,000Finished goods inventory at the end of November was 4,000 units. Desired endingfinished goods inventory is equal to 25 percent of the next month's sales. Cari Chairexpects to sell the chairs for $100 each. January sales for Year 2 are projected at 16,000chairs.How many chairs should Cari produce in December?A. 10,500.B. 9,500.C. 14,000.D. 15,000.

Step 1: Sales for DecemberThe sales for December are 15,000 units. Step 2: Desired Ending Inventory…

Answered: Cari Chair Company manufactures rocking…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

ChapterC: Cases

Section: Chapter Questions

Problem 1C

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