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Fairway's April sales forecast projects that 7,900 units will sell at a price of $12.40 per unit. The desired ending inventory is 10% higher than
Fairway's April sales forecast projects that 7,900 units will sell at a price of $12.40 per unit. The desired ending inventory is 10% higher than the beginning inventory, which was 2,900 units. Budgeted purchases of units in April would be: |
7,900 units. | |
10,800 units. | |
8,190 units. | |
11,090 units. | |
None of the above. |
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