Question
Jordan Company manufactures two products, P and R.It is estimated that the April inventory will consist of 16,000 units of p and 18,000 units of
Jordan Company manufactures two products, P and R.It is estimated that the April inventory will consist of 16,000 units of p and 18,000 units of R.Estimated sales for April by sales territory are as follows:
North:Product P-120,000 units at $9 per unit
Product R-150,000 units at $11 per unit
Central:Product P--100,000 units at $9 per unit
Product R-120,000 units at $11 per unit
An ending inventory of 10% of April sales in units is desired.
What is the estimated ending inventory for Product P at the end of April?
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Horngrens Accounting The Managerial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
013448682X, 978-0134486826
