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The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January -
The Cardinal Company had a finished goods inventory of 55,000 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 April - 230,000 units.
The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following months sales. |
Required:
Calculate the budgeted units of production for January.
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