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Superior Industries' sales budget shows quarterly sales for the next year as follows: QuarterSales (Units) First10,000Second8,000Third12,000Fourth14,000 Company policy is to have a finished goods inventory
Superior Industries' sales budget shows quarterly sales for the next year as follows:
QuarterSales (Units)First10,000Second8,000Third12,000Fourth14,000
Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales. What should be the budgeted production for the second quarter?
a)8400 units
b) 7200 units
c)8800 units
d) 8000 units
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