Question
Tod Table Company manufactures tables. The estimated number of table sales for each of the last three months of Year 1 is as follows: Month
Tod Table Company manufactures tables. The estimated number of table sales for each of the last three months of Year 1 is as follows:
Month Unit Sales
October 10,000
November 14,000
December 15,000
Finished goods inventory at the end of November was 4,000 units. Desired ending finished goods inventory is equal to 25 percent of the next month's sales. Tod Table expects to sell the tables for $100 each. January sales for Year 2 are projected at 32,000 tables. How many tables should Tod produce in December?
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EAuditing Fundamentals Virtual Communication And Remote Auditing
Authors: J.P. Russell, Shauna Wilson
1st Edition
0873898486, 978-0873898485
