Question
Sephora has budgeted sales in units for the next five months as follows: June 4,500 units July 7,100 units August 5,300 units September 6,700 units
Sephora has budgeted sales in units for the next five months as follows:
June | 4,500 units |
July | 7,100 units |
August | 5,300 units |
September | 6,700 units |
October | 3,700 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 May 31 contained 410 units. The company needs to prepare a production budget for the second quarter of the year.
A.. | What is the opening inventory in units for September? |
B. | What is the total number of units to be produced in July? |
C. | What is the desired ending inventory for August? |
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