Finished goods inventory at the end of September is expected to be 3,000 units. Finished goods inventory is set at 30 percent of next month's sales. How many patio sets will need to be produced in October? Select one: a. 9,100 units b. 10,000 units c. 10,900 units d. 7,000 units e. none of these
Finished goods inventory at the end of September is expected to be 3,000 units. Finished goods inventory is set at 30 percent of next month's sales. How many patio sets will need to be produced in October? Select one: a. 9,100 units b. 10,000 units c. 10,900 units d. 7,000 units e. none of these
Chapter7: Budgeting
Section: Chapter Questions
Problem 4EA: One Device makes universal remote controls and expects to sell 500 units in January, 800 in...
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Patiomaster Products manufactures patio furniture. The estimated numbers of sets to be sold for the last three months of 2022 is:
|
Month |
Sales |
|
|
October |
10,000 |
|
|
November |
7,000 |
|
|
December |
5,000 |
|
|
January |
6,000 |
Finished goods inventory at the end of September is expected to be 3,000 units. Finished goods inventory is set at 30 percent of next month's sales.
How many patio sets will need to be produced in October?
Select one:
a.
9,100 units
b.
10,000 units
c.
10,900 units
d.
7,000 units
e.
none of these
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