Timber Run Company has prepared the following forecasts of monthly sales:
Timber Run Company has decided that the number of units in its inventory at the end of each month should equal 80% of next month's sales. The budgeted cost per unit is $10.
How many units should be in January's beginning inventory?

Question

Timber Run Company has prepared the following forecasts of monthly sales:
  Timber Run Company has decided that the number of units in its inventory at the end of each month should equal 80% of next month's sales. The budgeted cost per unit is $10.
How many units should be in January's beginning inventory?

Quizplus · Accepted Answer

The Answer of Timber Run Company has prepared the following forecasts of monthly sales:
  Timber Run Company has decided that the number of units in its inventory at the end of each month should equal 80% of next month's sales. The budgeted cost per unit is $10.
How many units should be in January's beginning inventory?

Timber Run Company Has Prepared the Following Forecasts of Monthly