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The firm's inventory policy is to have ending inventory equal to 10% of next month's sales. Fill in the missing numbers. February MarchApri Ending inventory
The firm's inventory policy is to have ending inventory equal to 10% of next month's sales. Fill in the missing numbers. February MarchApri Ending inventory Beginning inventory Budgeted sales Budgeted production (If you get stuck on the beginning inventory for February: it is equal to the ending inventory for January, which you can compute with the available data on February sales) 1,500 8,000 18,000 20e 20,000
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