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?