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A company budgeted unit sales of134000units for January, 2020 and160000units for February 2020. The company has a policy of having an inventory of units on
A company budgeted unit sales of134000units for January, 2020 and160000units for February 2020. The company has a policy of having an inventory of units on hand at the end of each month equal to30% of next month's budgeted unit sales. If there were40200units of inventory on hand on December 31, 2019, how many units should be produced in January, 2020 in order for the company to meet its goals?
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