Question
Budgeted sales for the first three months for Pratt Company are listed below: JANUARY: 5000 FEBRUARY: 6000 MARCH: 9000 Pratt Company has a policy of
Budgeted sales for the first three months for Pratt Company are listed below:
JANUARY: 5000
FEBRUARY: 6000
MARCH: 9000
Pratt Company has a policy of maintaining an inventory of finished goods equal to 30 percent of the next month's budgeted sales. What is Pratt Company's budgeted production for February?
a)6,000 units
b)6,500 units
c)6,900 units
d)7,000 units
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Financial Accounting A Practical Introduction
Authors: Ilias Basioudis
1st Edition
0273714295, 978-0273714293
