Harry Company has the following sales forecast for the next quarter: April, 2,500 units; May, 3,000 units; June, 3,300 units. Sales totaled 2,100 units in March. The March ending finished goods inventory was 750 units. End-of-month finished goods inventory levels are planned to be equal to 30 percent of the next month's planned sales.
Calculate the number of units of inventory Harry needs to purchase for April?

Question

Harry Company has the following sales forecast for the next quarter: April, 2,500 units; May, 3,000 units; June, 3,300 units. Sales totaled 2,100 units in March. The March ending finished goods inventory was 750 units. End-of-month finished goods inventory levels are planned to be equal to 30 percent of the next month's planned sales. 
Calculate the number of units of inventory Harry needs to purchase for April?

Quizplus · Accepted Answer

The Answer of Harry Company has the following sales forecast for the next quarter: April, 2,500 units; May, 3,000 units; June, 3,300 units. Sales totaled 2,100 units in March. The March ending finished goods inventory was 750 units. End-of-month finished goods inventory levels are planned to be equal to 30 percent of the next month's planned sales. 
Calculate the number of units of inventory Harry needs to purchase for April?

Harry Company Has the Following Sales Forecast for the Next