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Trevor Company expects sales of Product W to be 70,000 units in April, 85,000 units in May, and 80,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 35,000 units of Product W in the ending inventory. Given this information, Trevor Company's production of Product W for the month of April should be: Multiple Choice 76,000 units 85,000 units 70,000 units 60.000 units

Trevor Company expects sales of Product W to be 70,000 units in April, 85,000 units in May, and 80,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 35,000 units of Product W in the ending inventory. Given this information, Trevor Company's production of Product W for the month of April should be: Multiple Choice 76,000 units 85,000 units 70,000 units 60.000 units

FINANCIAL ACCOUNTING
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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Trevor Company expects sales of Product W to be 70,000 units in April, 85,000 units in May, and 80,000 units in June. The company desires that the Inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 35,000 units of Product W in the ending inventory. Given this information, Trevor Company's production of Product W for the month of April should be: Multiple Choice 76,000 units 85,000 units 70,000 units 60.000 units
Transcribed Image Text:Trevor Company expects sales of Product W to be 70,000 units in April, 85,000 units in May, and 80,000 units in June. The company desires that the Inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 35,000 units of Product W in the ending inventory. Given this information, Trevor Company's production of Product W for the month of April should be: Multiple Choice 76,000 units 85,000 units 70,000 units 60.000 units
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