Question
Wood, Inc., estimates the following number of mattress sales for the first four months of 2022: Month Sales January 32,000 February 32,800 March 28,600 April
Wood, Inc., estimates the following number of mattress sales for the first four months of 2022:
Month Sales
January 32,000
February 32,800
March 28,600
April 35,200
Finished goods inventory at the end of December is 6,600 units. Target ending finished goods inventory is 20% of the next month's sales.
How many mattresses need to be produced in January 2022?
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077400163
