Question
Tasty Foods expects to have 34,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units) for
Tasty Foods expects to have 34,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units) for the months of April through July:
| April | 134,000 |
| May | 154,000 |
| June | 164,000 |
| July | 134,000 |
At the end of each month the company desires its ending finished goods inventory to be 15% of the next month's projected sales (in units).
What should be the budgeted production (in units) for Tasty Foods for April?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
