Use the following information for the next 2 questions.
Ray Company's projected sales budget for the next four months is as follows: Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales.
-How many units should the company produce in January?
A) 106,000
B) 90,000
C) 70,000
D) 78,000

Question

Use the following information for the next 2 questions.
Ray Company's projected sales budget for the next four months is as follows:  Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales.
-How many units should the company produce in January?
A) 106,000 
B) 90,000 
C) 70,000 
D) 78,000

Quizplus · Accepted Answer

The Answer of Use the following information for the next 2 questions.
Ray Company's projected sales budget for the next four months is as follows:  Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales.
-How many units should the company produce in January?
A) 106,000 
B) 90,000 
C) 70,000 
D) 78,000

Use the Following Information for the Next 2 Questions