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Excellent Company manufactures lamps. The estimated number of lamp sales for three months are as follows: Month Sales August 12,000 September 16,000 October 15,000 Finished
Excellent Company manufactures lamps. The estimated number of lamp sales for three months are as follows:
Month Sales
August 12,000
September 16,000
October 15,000
Finished goods inventory at the end of July was 3,600 units. Ending finished goods inventory is budgeted as 30% of the next month's sales. Excellent expects to sell the lamps for $30 each. In November, sales are projected at 18,000 lamps. How many lamps should be produced in September?
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