NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7% per month. The target ending inventory in units of the product is 80% of the next month's estimated sales. There are 150,000 units in inventory as of the end of June. The production requirement in units of LIB for the quarter ending September 30 would be (round- off to whole number) * Format: 111,111
NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7% per month. The target ending inventory in units of the product is 80% of the next month's estimated sales. There are 150,000 units in inventory as of the end of June. The production requirement in units of LIB for the quarter ending September 30 would be (round- off to whole number) * Format: 111,111
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales
of 7% per month. The target ending inventory in units of the product is 80% of the next
month's estimated sales. There are 150,000 units in inventory as of the end of June. The
production requirement in units of LIB for the quarter ending September 30 would be (round-
off to whole number) *
Format: 111,111
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