Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units 3,000 4, 200 5,000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are: Multiple Choice 3,000 units. 3.420 units. 3720 units. 3,120 units. 2.880 units.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ruiz Co. provides the following unit sales forecast for the next three months:
January February March
Sales units
3,000
4, 200 5,000
The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January
are:
Multiple Choice
3,000 units.
3,420 units.
3.720 units.
3,120 units.
2.880 units.
Transcribed Image Text:Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units 3,000 4, 200 5,000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are: Multiple Choice 3,000 units. 3,420 units. 3.720 units. 3,120 units. 2.880 units.
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