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The Colson Company has budgeted sales for the year as follows: Quarter 1 2 3 4 Sales in units 13,900 15,900 19,800 17,900 The ending
The Colson Company has budgeted sales for the year as follows:
Quarter | 1 | 2 | 3 | 4 |
Sales in units | 13,900 | 15,900 | 19,800 | 17,900 |
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 4,900 units. Scheduled production for the second quarter is (in units):
18,350 units.
19,325 units.
14,925 units.
16,875 units.
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