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Noel Enterprises has budgeted sales in units for the next five months as follows: Jan. 6,8000 units Feb. 5,400 units March 7,200 units April 4,600
Noel Enterprises has budgeted sales in units for the next five months as follows:
Jan. 6,8000 units
Feb. 5,400 units
March 7,200 units
April 4,600 units
May 3,800 units
Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on December 31 contained 400 units. The company needs to prepare a production budget for the second quarter of the year.
What is the desired ending inventory in units for March?
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