Question
A company provided the following information on sales for the coming year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units 40,000 40,000 30,000 80,000
A company provided the following information on sales for the coming year:
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Units
40,000
40,000
30,000
80,000
Average selling price
$5
$5
$5
$6
Assuming that the beginning inventory is 3,000 units, and that the company policy is to have 25% of the next quarter's sales in ending inventory, which quarter will have the lowest production?
a) Quarter 3
b) Quarter 4
c) Quarter 1
d) Quarter 2
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
10th Edition
1259969495, 978-1259969492
