Question
1. ZFN anticipates sales of 20,000 units in March, 30,000 units in April, and 40,000 units in May. The company wants to have 20% of
1. ZFN anticipates sales of 20,000 units in March, 30,000 units in April, and 40,000 units in May. The company wants to have 20% of next month's sales on hand at the end of the previous month. In fact, at the beginning of March, the company has 4,000 units on hand. How many units should the company produce during April? 2. Yue Yeung Industries has sales of $10,000 in May, $20,000 in June, and $30,000 in July. The company collects 25% of sales in the month of sale, and the remaining 75% in the following month. Calculate Accounts Receivable at June 30. 3. A merchandising company expects to sell 300 units in April, 400 units in May, and 500 units in June. The company plans to have 30% of each month's sales, plus an additional 50 units, on hand in inventory at the beginning of each month. How many units should the company plan to purchase in May?
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