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Toronto Lights Company manufactures lamps. Estimated sales, in units, for the last three months of 2023 are as follows: January 8,000 February 10,000 March 15,000
Toronto Lights Company manufactures lamps. Estimated sales, in units, for the last three months of 2023 are as follows: January 8,000 February 10,000 March 15,000 Finished goods inventory at the end of December 2022 was 3,000 units. The selling price per unit is $25. Ending finished goods inventory is budgeted to equal 25 percent of the next months sales. The projected sales for the next 3 moths are set at 16,000 units per month. How many units should be produced in April 2023?
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