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Watson Corporation manufactures boxes. The estimated numbers of boxes sold for the first three months of the current year are as follows: Month Sales January
Watson Corporation manufactures boxes. The estimated numbers of boxes sold for the first three months of the current year are as follows:
Month | Sales |
January | 3,000 |
February | 4,200 |
March | 3,900 |
Finished goods inventory at the end of December was 600 units. Ending finished goods inventory is equal to 20% of the next month's sales. Watson Corporation expects to sell the boxes for $5 each. April sales are projected at 4,500 boxes. How many boxes should be produced in February?
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