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At January 1, 2016, ABC has beginning inventory of 4,000 surfboards. ABC estimates it will sell 15,000 units during the first quarter of 2016 with

At January 1, 2016, ABC has beginning inventory of 4,000 surfboards. ABC estimates it will sell 15,000 units during the first quarter of 2016 with a 10% increase in sales each quarter. ABCs policy is to maintain an ending inventory equal to 25% of the next quarters sales. Each surfboard costs $200 and is sold for $250.

How many units should ABC produce during the first quarter of 2016?

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