The following forecasted sales pertain to Norah Company: Collection pattern: 60 per cent in month of sale
40 per cent in month following the sale The company has a selling price of £10 per unit and expects to maintain ending inventories equal to 20 per cent of the next month's sales.
How many units are expected to be produced in April?

Question

The following forecasted sales pertain to Norah Company:  Collection pattern: 60 per cent in month of sale
40 per cent in month following the sale  The company has a selling price of £10 per unit and expects to maintain ending inventories equal to 20 per cent of the next month's sales.
How many units are expected to be produced in April?

Quizplus · Accepted Answer

The Answer of The following forecasted sales pertain to Norah Company:  Collection pattern: 60 per cent in month of sale
40 per cent in month following the sale  The company has a selling price of £10 per unit and expects to maintain ending inventories equal to 20 per cent of the next month's sales.
How many units are expected to be produced in April?

The Following Forecasted Sales Pertain to Norah Company: Collection