Markham Corporation has experienced a number of out-of-stock situations with respect to its ﬁnished-goods inventories.Inventory at the end of May, for example, was only 50 units-an all-time low. Management desires to implement a policy whereby ﬁnished-goods inventory is 70% of the following month's sales.Budgeted sales for June, July, and August are expected to be 5,000 units, 5,600 units, and 5,500 units, respectively. Required: Determine the number of units that Markham must produce in June and July.

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The Answer of Markham Corporation has experienced a number of out-of-stock situations with respect to its ﬁnished-goods inventories.Inventory at the end of May, for example, was only 50 units-an all-time low. Management desires to implement a policy whereby ﬁnished-goods inventory is 70% of the following month's sales.Budgeted sales for June, July, and August are expected to be 5,000 units, 5,600 units, and 5,500 units, respectively. Required: Determine the number of units that Markham must produce in June and July.

Markham Corporation Has Experienced a Number of Out-Of-Stock Situations with Respect