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2. You would like to know how much should your business purchase for the month of February 2020. The December 2019 sales is 50,000 units
2. You would like to know how much should your business purchase for the month of February 2020. The December 2019 sales is 50,000 units and this is expected to increase by 1% per month. The inventory balance as of Dec. 31, 2019 is 4,000 units and you aim to maintain 10% of the month's sale already to be on hand at the beginning of each month. So far, it is likely that the forecast for January will be achieved. 1 point Assuming that cost per unit is maintained at P40, how much would the total purchases be for February? *Note round OFF forecasted units to be sold to whole numbers and round UP the required balance to whole numbers
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