Question
Houseman Company's budgeted sales for the third quarter is given below: JulyAugustSeptember Sales in units59,00057,00060,000The company's inventory policy: Maintain a month end FG inventory equal
Houseman Company's budgeted sales for the third quarter is given below:JulyAugustSeptemberSales in units59,00057,00060,000The company's inventory policy: Maintain a month end FG inventory equal to30.00%of the following month's sales.On the basis of this information, how many units would the company plan to produce in July?
A.59,600
B.58,400
C.59,000
D.59,900
E.58,100
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Management Accounting Information for creating and managing value
Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne
8th edition
9781760420413 , 978-1760420406
