Question
Furniture Inc. estimates the following number of mattress sales for the first four months of 2022: Month Sales January 5,000 February 7,000 March 6,500 April
Furniture Inc. estimates the following number of mattress sales for the first four months of 2022:
| Month | Sales |
| January | 5,000 |
| February | 7,000 |
| March | 6,500 |
| April | 8,000 |
Finished goods inventory at the end of December 2021 is 1,500 units. Target ending finished goods inventory is 30% of the next month's sales. How many mattresses need to be produced in January 2022?
a.5,000 mattresses
b.4,400 mattresses
c.7,100 mattresses
d.6,500 mattresses
e.5,600 mattresses
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Accounting Information Systems The Crossroads of Accounting & IT
Authors: Donna Kay, Ali Ovlia
2nd Edition
132991322, 978-0132991322
