Fumiture, Inc., estimates the following number of mattress sales for the first four months of 2019 Month Sales January 23,000 February 33,800 March 36,600 April 35,200 Finished goods inventory at the end of December is 6,800 units. Target ending finished goods inventory is 20% of the next month's sales How many mattresses should be produced in the first quarter of 2019?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 4EA: One Device makes universal remote controls and expects to sell 500 units in January, 800 in...
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Fumiture, Inc., estimates the following number of mattress sales for the first four months of 2019
Month
Sales
23,000
January
February
March
33,800
36,600
April
35,200
Finished goods inventory at the end of December is 6,800 units. Target ending finished goods inventory is 20% of the next month's sales
How many mattresses should be produced in the first quarter of 2019?
Transcribed Image Text:Fumiture, Inc., estimates the following number of mattress sales for the first four months of 2019 Month Sales 23,000 January February March 33,800 36,600 April 35,200 Finished goods inventory at the end of December is 6,800 units. Target ending finished goods inventory is 20% of the next month's sales How many mattresses should be produced in the first quarter of 2019?
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