Telfair & Company had 3,000 units in finished-goods inventory on December 31.The following data are available for the upcoming year:
The number of units the company expects to sell in January is:

Question

Telfair & Company had 3,000 units in finished-goods inventory on December 31.The following data are available for the upcoming year: 
The number of units the company expects to sell in January is:

Quizplus · Accepted Answer

Since the company had 3,000 units of finished-goods inventory on December 31, and it plans to have 5,000 units on January 31, the company needs to sell 2,000 units in January (5,000 - 3,000 = 2,000). Adding the 2,000 units that need to be sold to the 7,900 units the company plans to produce in January yields a total of 9,900 units (2,000 + 7,900 = 9,900). Therefore, the number of units the company expects to sell in January is 9,900.

Telfair & Company Had 3,000 Units in Finished-Goods Inventory on December