Use the information below to answer the following question(s).Contempo Futon manufactures futons.The estimated number of sales for the last quarter of 2018 is as follows:
Beginning finished goods inventory should be equal to 30 percent of that month's budgeted sales plus 10 percent of the following month's budgeted sales.January and February 2018 sales are anticipated to be 15,000 futons in each month.The cost to produce a futon is $125.
-How many futons will Contempo Futon budget to be produced in the three months?

Question

Use the information below to answer the following question(s).Contempo Futon manufactures futons.The estimated number of sales for the last quarter of 2018 is as follows:
  Beginning finished goods inventory should be equal to 30 percent of that month's budgeted sales plus 10 percent of the following month's budgeted sales.January and February 2018 sales are anticipated to be 15,000 futons in each month.The cost to produce a futon is $125.
-How many futons will Contempo Futon budget to be produced in the three months?

Quizplus · Accepted Answer

Contempo Futon plans to produce 25,000 futons per month for three months, so the total number of futons produced will be 25,000 * 3 = 75,000 futons.

Use the Information Below to Answer the Following Question(s)