Question
Question Content Area Use this information about Cardinal Company to answer the question that follows. Cardinal Company had a finished goods inventory of 55,000 units
Question Content Area
Use this information about Cardinal Company to answer the question that follows.
Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January, 200,000 units; February, 180,000 units; March, 210,000 units; and April, 230,000 units. Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month's sales.
Determine the budgeted units of inventory for March 31.
a.36,000
b.cannot be determined from the data given
c.46,000
d.42,00
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