Question
Yoste Company encountered a number of months where its finished goods were depleted. In June it had only 400 widgets on hand. As a result,
Yoste Company encountered a number of months where its finished goods were depleted. In June it had only 400 widgets on hand.
As a result, the company wants a policy where its finished goods are at 80% of the next months sales. The sales for July, August, and September are budged to be 6,000 widgets, 7000 widgets, and 6,000 widgets, respectively.
How many widgets does Yoste company need July and August?
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Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
