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At January 1, 2022, Vaughn, Inc. has beginning inventory of 4100 surfboards. Vaughn estimates it will sell 20800 units during the first quarter of 2022
At January 1, 2022, Vaughn, Inc. has beginning inventory of 4100 surfboards. Vaughn estimates it will sell 20800 units during the first quarter of 2022 with a 10% increase in sales each quarter. Vaughn's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $160 and is sold for $280. How many units should Vaughn produce during the first quarter of 2022? 22420208001878016700
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