The following forecasted sales pertain to Reject City: Collection pattern:
65 percent in month of sale
35 percent in month following sales
Reject City has a selling price of £5 per unit and expects to maintain ending inventories equal to 25 percent of next month's sales.
How many units are expected to be produced in June?

Question

The following forecasted sales pertain to Reject City: Collection pattern:
65 percent in month of sale
35 percent in month following sales
 Reject City has a selling price of £5 per unit and expects to maintain ending inventories equal to 25 percent of next month's sales.
How many units are expected to be produced in June?

Quizplus · Accepted Answer

The Answer of The following forecasted sales pertain to Reject City: Collection pattern:
65 percent in month of sale
35 percent in month following sales
 Reject City has a selling price of £5 per unit and expects to maintain ending inventories equal to 25 percent of next month's sales.
How many units are expected to be produced in June?

The Following Forecasted Sales Pertain to Reject City: Collection Pattern