Sunshine Inc. manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool sells for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year:
In addition, July's sales are expected to be 20,000 units.
Required:

Question

Sunshine Inc. manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool sells for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year:
  In addition, July's sales are expected to be 20,000 units.
Required:

Quizplus · Accepted Answer

The Answer of Sunshine Inc. manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool sells for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year:
  In addition, July's sales are expected to be 20,000 units.
Required: