Question
Sleep Tight, Inc. manufactures mattresses. The estimated number of mattress sales for the first three months of 2020 is as follows: January 40,000 February 50,000
Sleep Tight, Inc. manufactures mattresses. The estimated number of mattress sales for the first three months of 2020 is as follows:
January 40,000
February 50,000
March 60,000
Finished goods inventory at the end of 2019 was 12,000. On the average, 25% of the mattresses are produced during the month before they are sold, which normally accounts for the ending balance in finished goods inventory. The planned selling price is $150 per unit.
How many mattresses are budgeted to be produced in January?
Question 31 options:
| 28,000 |
| 40,500 |
| 52,500 |
| 65,000 |
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