Consider the following information: Jan Feb Mar Sales (units) 4.9k 52.00k Production (units) 5.8k 52.30k 56.65k April sales are expected to be 71.50k units. The firm has 9,1k units on hand at the beginning of Jan and wishes to maintain 10% of the next month's unit sales in storage at the end of each month. Required: Calculate the expected unit sales for Mar. Note: The term "K is used to represent thousands (x 1,000).

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Consider the following information:
Jan
Feb
Mar
Sales (units)
4.9k
52.00k
Production (units)
5.8k
52.30k
56.65k
April sales are expected to be 71.50k units. The firm has 9.1k units on hand at the beginning of Jan and wishes to maintain 10% of the
next month's unit sales in storage at the end of each month.
Required: Calculate the expected unit sales for Mar.
Note: The term "K" is used to represent thousands (x 1,000).
kunits (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)
Transcribed Image Text:Consider the following information: Jan Feb Mar Sales (units) 4.9k 52.00k Production (units) 5.8k 52.30k 56.65k April sales are expected to be 71.50k units. The firm has 9.1k units on hand at the beginning of Jan and wishes to maintain 10% of the next month's unit sales in storage at the end of each month. Required: Calculate the expected unit sales for Mar. Note: The term "K" is used to represent thousands (x 1,000). kunits (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)
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