Question
The forecasted sales pertain to Arrow Corporation: Month Sales September $400,000 October $320,000 Finished goods inventory (August 31): 28,000 Arrow Corporation has a selling price
The forecasted sales pertain to Arrow Corporation:
| Month | Sales |
| September | $400,000 |
| October | $320,000 |
Finished goods inventory (August 31): 28,000
Arrow Corporation has a selling price of $5 on all units and expects to maintain ending inventories equal to 25 percent of the next month's sales.
How many units does Arrow expect to produce in September?
| 68,000 |
| 28,000 |
| 34,000 |
| 36,000 |
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
24th edition
1259916960, 978-1259916960
