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Problem Jordan Company estimates future sales in units as follows: The selling price is $8 per unit. The company collects its sales 65% in the

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Problem Jordan Company estimates future sales in units as follows: The selling price is $8 per unit. The company collects its sales 65% in the month of sale and 35% in the month after sale. For its products, Jordan Company's past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on December 31st of the previous ydar contained 12,000 units. 4) How many pounds of materials would Jordan need to purchase in February

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