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Cardinal Company has finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months are January, 200,000 units, February,
Cardinal Company has finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months are January, 200,000 units, February, 180,000 units; March, 210,000 units, and April, 230,000 units. Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month's sales The budgeted units of Inventory for March 31 would be 43,000 b. would be 46.000 c. annot be determined from the data given d would be 36.000 units
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