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At January 1, 2022, Juan, Inc. has begining inventory of 4,000 surfboards. Juan estimates it will sell 15,000 units during the first quarter of 2022
At January 1, 2022, Juan, Inc. has begining inventory of 4,000 surfboards. Juan estimates it will sell 15,000 units during the first quarter of 2022 with a 10% increase in sales each quarter. Juan's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $200 and is sold for $250. How many units should Jake produce during the first quarter of 2022
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