Superior Industries sales budget shows quarterly sales for the next year as follows: Quarter 1-10,000; Quarter 2- 8,000; Quarter 3-12,000; Quarter 4-14,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 20% of the next quarter's sales. Budgeted production for the second quarter of next year would be: O A. 8,800 units B. 10,400 units O C. 7,200 units O D. 12,000 units

Superior Industries sales budget shows quarterly sales for the next year as follows: Quarter 1-10,000; Quarter 2- 8,000; Quarter 3-12,000; Quarter 4-14,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 20% of the next quarter's sales. Budgeted production for the second quarter of next year would be: O A. 8,800 units B. 10,400 units O C. 7,200 units O D. 12,000 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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