FEB. 25,000 MAR. 32,000 that requires the ending
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Budgeted sales for the first quarter the year are shown below:
JAN.
35,000
FEB.
25,000
MAR.
32,000
UNITS:
The company has a policy that requires the ending inventory in each period
to be 10 percent of the following period's sales. Assuming that the company
follows this policy, what quantity of production should be scheduled for
February?
a. 24,300 units
b. 24,700 units
c. 25,000 units
d. 25,700 units
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