Solved: If there were 46200 units of inventory on hand on december, Accounting Basics

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If there were 46200 units of inventory on hand on december

Question - A company budgeted unit sales of 154000 units for January, 2017 and 160000 units for February 2017. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 46200 units of inventory on hand on December 31, 2016, how many units should be produced in January, 2017 in order for the company to meet its goals?

152200 units

155800 units

154000 units

202000 unit

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Accounting Basics: If there were 46200 units of inventory on hand on december

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Accounting Basics: If there were 46200 units of inventory on hand on december

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