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Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 14,065 units, May 16,800 units,
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 14,065 units, May 16,800 units, and June 21,200 units. Marlow Companys ending finished goods inventory policy is 15% of the following months sales. Marlow plans to sell 16,700 units in May. What is budgeted ending inventory for March?
Multiple Choice
1,635
2,040
2,110
2,520
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