Question
Factor Company has budgeted sales for the quarter as follows: January 10,000 units February 12,000 units March 8,000 units The ending inventory of finished goods
Factor Company has budgeted sales for the quarter as follows:
January
10,000 units
February
12,000 units
March
8,000 units
The ending inventory of finished goods each month should equal 20% of the next month's budgeted sales in units. How much is scheduled production for February?
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
