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QUESTION 29 Vermicelli Company plans to sell 350,000 units of finished product in July and anticipates a growth rate in sales of 5% per month.
QUESTION 29
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Vermicelli Company plans to sell 350,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 300,000 finished units in inventory on June 30.
Vermicelli Company's production requirement in units of finished product for the three-month period ending September 30 is: (CMA adapted)
1,103,375 units.
1,205,935 units.
1,199,500 units.
1,127,510 units.
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