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1. Harwinton, Inc. anticipates sales of 42,000 units, 40,000 units, and 43,000 units in July, August, and September, respectively. Company policy is to maintain an

1.

Harwinton, Inc. anticipates sales of 42,000 units, 40,000 units, and 43,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 50% of the following month's sales. On the basis of this information, how many units would the company plan to produce in July?

Multiple Choice

  • 43,000.

  • 41,000.

  • 40,000.

  • 42,000.

  • None of the answers is correct.

2.

Oxford Industries has the following sales forecasts for its snowshoes next year:

First Quarter 13,000 pairs
Second Quarter 5 % increase over first quarter
Third Quarter 6 % decrease from second quarter
Fourth Quarter 8 % increase over first quarter

What is Oxfords estimated sales in units for next year?

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