Lenova company expects to sell the brackets for 45 each how


Question - Lenova Company manufactures wooden drawers. The estimated number of drawer sales for the first three months of the current year is:

Month Unit Sales

January 2,000

February

March 3,000

2,400

Finished goods inventory at the end of last December was 200 units. Ending finished goods inventory is equal to 25 percent of the next month's sales. Lenova Company expects to sell the brackets for $45 each. How many brackets should Lenova produce in January?

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Accounting Basics: Lenova company expects to sell the brackets for 45 each how
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