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FRANCORP is preparing budgets for the quarter ending March 31. Budgeted sales for the next 5 months are as follows: January 19500 units February March
FRANCORP is preparing budgets for the quarter ending March 31. Budgeted sales for the next 5 months are as follows: January 19500 units February March 22700units 24100 units April 25000 units May 24700 units The selling price per unit is $15. FRANCORP wants ending inventory to be equal to 20% of the following month's budgeted sales in units. As well, assume on December 31 of the previous quarter 4,000 units were on hand. Determine the required production for the entire quarter.
67,300 units 64,100 units O 60,500 units O 63,250 units
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