Budgeted sales for Madonna Inc. for the first quarter the year are shown below:
The company has a policy that requires the ending inventory in each period to be 10 percent of the following period's sales. Assuming that the company follows this policy, what quantity of production should be scheduled for February?
A) 24,300 units
B) 24,700 units
C) 25,000 units
D) 25,700 units
Correct Answer:
Verified
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