Totz Company produces jump ropes.Totz Company has the following sales projections for the upcoming year:

Inventory at the beginning of the year was 4,200 jump ropes.Totz Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter.How many jump ropes should Totz Company produce during the first quarter?

Question

Totz Company produces jump ropes.Totz Company has the following sales projections for the upcoming year:

Inventory at the beginning of the year was 4,200 jump ropes.Totz Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter.How many jump ropes should Totz Company produce during the first quarter?

Quizplus · Accepted Answer

C) Unit Sales 2^nd Qtr.35,000 × 20% = 7,000 EI Sales 21,000 BI - 4,200 EI + 7,000 Production 23,800

Totz Company Produces Jump Ropes