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Gorberchev Food Processing expects to have 28,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units)
Gorberchev Food Processing expects to have 28,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units) for the months of April through July:
April 128,000
May 138,000
June 155,000
July 128,000
At the end of each month the company desires its ending finished goods inventory to be 25% of the next month's projected sales (in units).
The budgeted production (in units) for Gorberchev Food Processing for May should be:
- 103,500.
- 140,750.
- 157,750.
- 138,000.
- 142,250.
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