One Device makes universal remote controls and expects to sell 526 units in January, 575 in February, 922 in March, 420 in April, and 590 in May. The required ending inventory is 19% of the next month’s sales. Calculate the total production for the first four months (January, February, March and April). Round to the nearest hundreth, two decimal places.

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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One Device makes universal remote controls and expects to sell 526 units in January, 575 in February, 922 in March, 420 in April, and 590 in May. The required ending inventory is 19% of the next month’s sales. Calculate the total production for the first four months (January, February, March and April). Round to the nearest hundreth, two decimal places.

 
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