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Michigan Company produces fishing boats. A sales budget for the next four months is as follows: March 10,800 units, April 13,600, May 16,200 and June
Michigan Company produces fishing boats. A sales budget for the next four months is as follows: March 10,800 units, April 13,600, May 16,200 and June 21,500. Michigan Companys ending finished goods inventory policy is 10% of the following months sales. March 1 beginning finished goods inventory is projected to be 1,080 units. How many units will be produced in March?
Multiple Choice
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11,080
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10,520
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13,600
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10,800
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