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FIFA Velocity Inc. produces football for international sales. The unit sales for the first four months of the year are as follows: January February
FIFA Velocity Inc. produces football for international sales. The unit sales for the first four months of the year are as follows: January February March April 180,000 220,000 200,000 240,000 Company policy requires that ending inventories for each month be 25 percent of next month's sales. However, at the beginning of January, due to greater sales in December than anticipated, the beginning inventory of football is only 21,000. Calculate 1. The ending inventory for February is 2. The ending inventory for January is 3. The beginning inventory for February is 4. The total number of football expected to be sold for January, February and March is 5. The ending inventory for March is
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