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Meadow Company Produces Hand Tools

Question 15

Multiple Choice

Meadow Company produces hand tools.A sales budget for the next four months is as follows: March 10,000 units,April 13,000,May 16,000 and June 21,000.Meadow Company's ending finished goods inventory policy is 10% of the following month's sales.March 1 beginning inventory is projected to be 1,400 units.How many units will be produced in April?


A) 13,300
B) 15,900
C) 12,700
D) 13,000

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