Nano,Inc.is preparing its budget for the second quarter.The following sales data have been forecasted:
$\begin{array}{llr}
&\text { April}&\text { May}&\text { June}&\text { July }&\text {August }\
\text { Total sales } & 640 & 720 & 780 & 620 & 660
\end{array}$

Additional information follows:
$\begin{array}{ll}
\text { Inventory on March } 31: & 192 \text { units } \
\text { Desired ending inventory each month: } & 30 \% \text { of next month's sales }
\end{array}$

How many units should be purchased in April,May,and June? How many units should be purchased in the second quarter in total?

Question

Nano,Inc.is preparing its budget for the second quarter.The following sales data have been forecasted:
 $\begin{array}{llr}
&\text { April}&\text { May}&\text { June}&\text { July }&\text {August }\
\text { Total sales } & 640 & 720 & 780 & 620 & 660 
\end{array}$
 
Additional information follows:
 $\begin{array}{ll}
\text { Inventory on March } 31: & 192 \text { units } \
\text { Desired ending inventory each month: } & 30 \% \text { of next month's sales }
\end{array}$
 
How many units should be purchased in April,May,and June? How many units should be purchased in the second quarter in total?

Quizplus · Accepted Answer

The Answer of Nano,Inc.is preparing its budget for the second quarter.The following sales data have been forecasted:
 $\begin{array}{llr}
&\text { April}&\text { May}&\text { June}&\text { July }&\text {August }\
\text { Total sales } & 640 & 720 & 780 & 620 & 660 
\end{array}$
 
Additional information follows:
 $\begin{array}{ll}
\text { Inventory on March } 31: & 192 \text { units } \
\text { Desired ending inventory each month: } & 30 \% \text { of next month's sales }
\end{array}$
 
How many units should be purchased in April,May,and June? How many units should be purchased in the second quarter in total?

Nano,IncIs Preparing Its Budget for the Second Quarter Additional Information Follows