Question
Denny Door Company has budgeted door sales as follows: Month Number of Units Budgeted Sales Dollars March 50,000 $1,000,000 April 60,000 $1,200,000 Finished goods inventory
Denny Door Company has budgeted door sales as follows:
| Month | Number of Units | Budgeted Sales Dollars |
| March | 50,000 | $1,000,000 |
| April | 60,000 | $1,200,000 |
Finished goods inventory at February 28 will be 8,000 units, but the company is making an effort to reduce inventory and its new policy is that inventory at the end of the month should be 10% of the budgeted sales for the following month. How many units should Denny Door Company produce in March?
| a. | 52,000 |
| b. | 62,000 |
| c. | 51,000 |
| d. | 48,000 |
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Secretarial Audits Under Corporate Laws And Annual Return Certification
Authors: CS Shilpa Dixit And CS Amogh Diwan CS Milind Kasodekar
1st Edition
9389449324, 978-9389449327
