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Ferdinand Co manufactures cinder blocks. Each cinder block requires 2 lb of cement. The projected sales of cinder blocks for the months of July, August
Ferdinand Co manufactures cinder blocks. Each cinder block requires 2 lb of cement. The projected sales of cinder blocks for the months of July, August and September are 100,000, 100,000 and 120,000 units respectively. Ferdinands finished goods inventory policy is to have 10% of the next months requirement as ending finished goods inventory. What is the amount of cinder blocks Ferdinand will produce in August?
102K
100k
98k
92k
Cannot be determined
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