Question
. XYZ has forecast sales for the next three months as follows: January, 10,000 units; February, 15,000 units; and March, 20,000 units. Inventory as of
. XYZ has forecast sales for the next three months as follows: January, 10,000 units; February, 15,000 units; and March, 20,000 units. Inventory as of January 1 is expected to be 2,000 units. Ending inventories should equal 25% of the coming months sales needs. How many units should be produced in February?
a. 13,750 units
b. 15,000 units
c. 16,250 units
d. 18,000 units
e. none of the above
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Financial Accounting
Authors: Michael J. Jones
2nd Edition
1119977150, 978-1119977155
