Lighting Inc.'s sales budget showed the following projections for the coming year: Inventory on December 31 of the current year is expected to be 20,000 units. The quantity of finished goods inventory at the end of each quarter was to equal seven percent of the next quarter's budgeted units to be sold.
Required: Calculate the units to be produced during the third quarter.

Question

Lighting Inc.'s sales budget showed the following projections for the coming year:  Inventory on December 31 of the current year is expected to be 20,000 units. The quantity of finished goods inventory at the end of each quarter was to equal seven percent of the next quarter's budgeted units to be sold.
Required: Calculate the units to be produced during the third quarter.

Quizplus · Accepted Answer

The Answer of Lighting Inc.'s sales budget showed the following projections for the coming year:  Inventory on December 31 of the current year is expected to be 20,000 units. The quantity of finished goods inventory at the end of each quarter was to equal seven percent of the next quarter's budgeted units to be sold.
Required: Calculate the units to be produced during the third quarter.