Ray Company's projected sales budget for the next four months is as follows: Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales. How many units should the company produce in January?

Question

Ray Company's projected sales budget for the next four months is as follows:  Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales. How many units should the company produce in January?

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The Answer of Ray Company's projected sales budget for the next four months is as follows:  Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales. How many units should the company produce in January?

Ray Company's Projected Sales Budget for the Next Four Months