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Shocker Corporation's sales budget shows quarterly sales for the next year as follows: Unit sales Quarter 1 16,000 units Quarter 2 10,500 units Quarter 3
Shocker Corporation's sales budget shows quarterly sales for the next year as follows: Unit sales
Quarter 1 | 16,000 units |
Quarter 2 | 10,500 units |
Quarter 3 | 18,600 units |
Quarter 4 | 21,900 units |
Corporation policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales. Budgeted production for the second quarter of the next year would be:
8,880 units
10,500 units
12,120 units
11,720 units
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