The following limited sales forecast and budgeted production is available for XYZ Manufacturing Company:

Jan

Feb

March

Sales (units)

100

150

200

Production (units)

119

169

XYZ has maintained ending finished goods inventory at a constant % of the following one month's sales needs for the past several months, and has incorporated this % in the above budgeted production.

What % of the following one month's sales needs is to be maintained in ending inventory?

Group of answer choices

Cannot determine with this limited information

12.67%

38%

9.5%