Use the following to answer questions:
Jorge Inc. has developed the following sales forecast for the first third of the year:

Collection pattern:
60 percent in the month of sale
40 percent in the month after sale

The company's selling price is $20 per unit and they desire an ending inventory equal to 30 percent of the next month's sales.
-What is the budgeted beginning balance in units for finished goods inventory on March 1?

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Use the following to answer questions:
Jorge Inc. has developed the following sales forecast for the first third of the year:
  
Collection pattern:
60 percent in the month of sale
40 percent in the month after sale
  
The company's selling price is $20 per unit and they desire an ending inventory equal to 30 percent of the next month's sales.
-What is the budgeted beginning balance in units for finished goods inventory on March 1?

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The Answer of Use the following to answer questions:
Jorge Inc. has developed the following sales forecast for the first third of the year:
  
Collection pattern:
60 percent in the month of sale
40 percent in the month after sale
  
The company's selling price is $20 per unit and they desire an ending inventory equal to 30 percent of the next month's sales.
-What is the budgeted beginning balance in units for finished goods inventory on March 1?

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