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Use the Following Information for the Next 5 Questions

Question 3

Multiple Choice

Use the following information for the next 5 questions.
Planning Systems, Inc. has forecast the following unit sales and production for the next year, by quarter: Use the following information for the next 5 questions. Planning Systems, Inc. has forecast the following unit sales and production for the next year, by quarter:   A finished unit requires one unit of material A and two units of material B. There should be enough material on hand at the end of each quarter to meet 20% of the next quarter's production needs. There are no work-in-process inventories. -What is ending finished goods inventory for quarter 2? A)  50 B)  70 C)  80 D)  100 A finished unit requires one unit of material A and two units of material B. There should be enough material on hand at the end of each quarter to meet 20% of the next quarter's production needs. There are no work-in-process inventories.
-What is ending finished goods inventory for quarter 2?


A) 50
B) 70
C) 80
D) 100

Correct Answer:

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