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Tannwin Co. sells a new product called Accountomatic and has predicted the following sales for the first four months of the current year: Jan. Feb.
Tannwin Co. sells a new product called Accountomatic and has predicted the following sales for the first four months of the current year: |
Jan. | Feb. | March. | April. | |
Sales in units | 1,900 | 2,200 | 2,500 | 1,900 |
Ending inventory for each month should be 15% of the next month's sales, and the prior December 31 inventory is consistent with that policy. How many units should be purchased in the first quarter of the year? |
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