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Michigan Company produces fishing boats. A sales budget for the next four months is as follows: March 10,400 units, April 13,700, May 16,400 and June
Michigan Company produces fishing boats. A sales budget for the next four months is as follows: March 10,400 units, April 13,700, May 16,400 and June 21,500. Michigan Companys ending finished goods inventory policy is 20% of the following months sales. March 1 beginning finished goods inventory is projected to be 2,080 units. How many units will be produced in April?
Multiple Choice
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14,240
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19,720
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13,160
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13,700
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