Tunstall Manufacturing sells medical supplies, including stethoscopes. On September 30, the company had 3,000 stethoscopes in inventory. The company's policy is to maintain an inventory equal to 15% of next month's sales. The company expects the following sales activity for the fourth quarter of the year:
In addition, January sales for the following year are projected to be 30,000 stethoscopes. What is the total required production for the fourth quarter?
A) 72,500 stethoscopes
B) 69,500 stethoscopes
C) 75,500 stethoscopes
D) 68,000 stethoscopes
Correct Answer:
Verified
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