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Porcelain Interiors sells a variety of porcelain products including porcelain sinks. At 31 December, the company had 200 sinks in inventory. The companys policy is
Porcelain Interiors sells a variety of porcelain products including porcelain sinks. At 31 December, the company had 200 sinks in inventory. The companys policy is to maintain a sink inventory equal to 5 per cent of next months sales. The company expects the following sales activity for the first quarter of the year:
January | 3000 sinks |
February | 4000 sinks |
March | 4600 sinks |
What is the projected production for February?
a. | 3000 |
b. | 3570 |
c. | 3970 |
d. | 4430 |
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