Question
Answer the following questions using the information below:Furniture, Inc., estimates the following number of mattress sales for the first four months of 2016: Month Sales
Answer the following questions using the information below:Furniture, Inc., estimates the following number of mattress sales for the first four months of 2016:
MonthSales
January22,000
February30,800
March28,600
April35,200
Finished goods inventory at the end of December is 6,600 units. Target ending finished goods inventory is 20% of the next month's sales.How many mattresses NEED to be produced in January 2016?
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
