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At January 1, 2020, Top Surf Boards had beginning inventory of 2.100 surfboards. Top Surf estimates it will sell 6,000 units during the first quarter

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At January 1, 2020, Top Surf Boards had beginning inventory of 2.100 surfboards. Top Surf estimates it will sell 6,000 units during the first quarter of 2020 with a 10% increase in sales each quarter. Top Surf's policy is to maintain an ending inventory equal to 10% of the next quarter's sales. Each surfboard costs Sh 800 and is sold for Sh 1,200. How many boards should Top Surf produce during the second quarter of 2020? Show your workings by filling in the gaps provided below (Hint: Write your figures with commas e.g. 10,000 not 10000) units Units for sale in 3r quarter Closing stock for 2nd quarter = Boards to produce is the production budget for first quarter will be given by units Closing stock Add sales units Required units Less opening stock Production budget

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