Figure 8-1 Armando Company produces and sells mattresses. It expects to sell 10,000 mattresses in the year 2015 and had 1,000 mattresses in finished goods inventory at the end of 2014. Armando would like to complete operations in the year 2015 with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each.
Refer to Figure 8-1. How many mattresses would be produced in the year 2015?
A) 10,000 mattresses
B) 11,000 mattresses
C) 11,250 mattresses
D) 10,250 mattresses

Question

Quizplus · Accepted Answer

The Answer of Figure 8-1 Armando Company produces and sells mattresses. It expects to sell 10,000 mattresses in the year 2015 and had 1,000 mattresses in finished goods inventory at the end of 2014. Armando would like to complete operations in the year 2015 with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each.
Refer to Figure 8-1. How many mattresses would be produced in the year 2015?
A) 10,000 mattresses
B) 11,000 mattresses
C) 11,250 mattresses
D) 10,250 mattresses

Figure 8-1 Armando Company Produces and Sells Mattresses