Question
The forecasted sales pertain to Glad Corporation: Month Sales September $200,000 October 160,000 Finished Goods Inventory (August 31):14,000 Glad Corporation has a selling price of
The forecasted sales pertain to Glad Corporation:
Month
Sales
September
$200,000
October
160,000
Finished Goods Inventory (August 31):14,000
Glad 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 Glad expect to produce in September?
- A.34,000
- B.36,000
- C.68,000
- D.28,000
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Accounting Information Systems
Authors: Marshall RomneyPaul Steinbart
11th Edition
136015182, 978-0136015185
