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The Colson Company has budgeted sales for the year as follows: Quarter 1 2 3 4 Sales in units 12,000 14,000 18,000 16,000 The ending
The Colson Company has budgeted sales for the year as follows: Quarter 1 2 3 4 Sales in units 12,000 14,000 18,000 16,000 The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,000 units. Scheduled production for the third quarter is
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