Coleman, Inc. anticipates sales of 50,000 units, 48,000 units, and 51,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 40% of the following month's sales. On the basis of this information, how many units would the company plan to produce in August?

Question

Quizplus · Accepted Answer

Coleman, Inc. anticipates sales of 48,000 units in August. Company policy is to maintain an ending finished-goods inventory equal to 40% of the following month's sales. So, the company would plan to produce 48,000 units in August.