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The Cardinal Company had a finished goods inventory of $5,000 units on January 1. Its projected sales for the next four months were: January 200,000
The Cardinal Company had a finished goods inventory of $5,000 units on January 1. Its projected sales for the next four months were: January 200,000 units: February - 180,000 units; March - 210.000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following months sales. What is the budgeted units of inventory for March 31? a. 46.000 Ob cannot be determined from the data gwen. Oc. 36.000 Od. 42.000
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