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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pos
Ibie
Furniture, Inc., estimates the following number of mattress sales for the first four months of 2019:
Month
Sales
January
February
22,000
39,800
March
28,600
April
44,200
Finished goods inventory at the end of December is 6,900 units. Target ending finished goods inventory is 10% of the
next month's sales.
How many mattresses should be produced in the first quarter of 2019?
A. 92,340 mattresses
B. 68,840 mattresses
TE
O C. 87,920 mattresses
1 a
O D. 57,760 mattresses
Mi
F
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fir
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sales 4
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Transcribed Image Text:pos Ibie Furniture, Inc., estimates the following number of mattress sales for the first four months of 2019: Month Sales January February 22,000 39,800 March 28,600 April 44,200 Finished goods inventory at the end of December is 6,900 units. Target ending finished goods inventory is 10% of the next month's sales. How many mattresses should be produced in the first quarter of 2019? A. 92,340 mattresses B. 68,840 mattresses TE O C. 87,920 mattresses 1 a O D. 57,760 mattresses Mi F Ju fir https: Cha The es sales 4 Missing Calculator Next http://mi tho ?3 O O O O
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