Question
The sales budget of Tulip Perfumes for the first three months of the next fiscal year is as follows: January 29,200 units February 38,600 units
The sales budget of Tulip Perfumes for the first three months of the next fiscal year is as follows:
January
29,200 units
February
38,600 units
March
21,600 units
The company's policy is to maintain a level of finished goods inventory equal to 40% of estimated sales for the following month. There is never any work-in-progress inventory at the end of the month and sales are made evenly throughout the month.
What will be the production required (in units) for the month of February?
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Montgomery Auditing Continuing Professional Education
Authors: Patrick J. McDonnell, Barry N. Winograd, James S. Gerson, Henry R. Jaenicke, Vincent M. O'Reilly
12th Edition
0471346055, 978-0471346050
