Business, 04.04.2020 07:32 topgunholley
The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month’s sales.
What is the budgeted units of production for January?
a.200,000
b.181,000
c.219,000
d.236,000
Q2:
The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month's sales.
What is the budgeted units of production for February?
a.174,000
b.222,000
c.186,000
d.181,000
Answers: 2
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The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sale...
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