Question
Totts company produces Jump Ropes. It has the following Sales Projections for the upcoming year: First Quarter Budgeted Jump Rope Sales in Units: 25,000 Second
Totts company produces Jump Ropes. It has the following Sales Projections for the upcoming year: First Quarter Budgeted Jump Rope Sales in Units: 25,000 Second Quarter Budgeted Jump Rope Sales in Units: 80,000 Third Quarter Budgeted Jump Rope Sales in Units: 16,000 Fourth Quarter Budgeted Jump Rope Sales in Units: 26,000 Inventory at the beginning of the year was 4,400 Jump Ropes. Totts Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter. How many Jump Ropes should the company produce during the first quarter?
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