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Charlie Chair Company manufactures chairs. The estimated number of chair sales for each of the last three months of Year 1 is as follows: Month
Charlie Chair Company manufactures chairs. The estimated number of chair sales for each of the last three months of Year 1 is as follows: Month Unit Sales October 10,000 November 14,000 December 7,500 Finished goods inventory at the end of November was 2,000 units. Desired ending finished goods inventory is equal to 25 percent of the next month's sales. Charlie Chair expects to sell the chairs for $100 each. January sales for Year 2 are projected at 16,000 chairs. How many chairs should Charlie produce in December? Select one: O A. 7,500 O B. 15,000 O C. 9,500 O D. 14,000
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