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50. Cardinal Compary had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: Jantary, 200,
50.
Cardinal Compary had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: Jantary, 200, 000 units, February, 180,000 units, March, 210,000 units; and April, 250,000 units. Cardinal Company wishes to maintain a desited ending finished goods inventory of 20% of the following month's sales Determine the budgeted units of inventory for March 31 a. cannot be determaned from the data given b. 50,000 c. 46,000 d. 42,000 Step by Step Solution
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