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Ray Company's Projected Sales Budget for the Next Four Months

Question 64

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Ray Company's projected sales budget for the next four months is as follows: Ray Company's projected sales budget for the next four months is as follows:   Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales. How many units should the company produce in January? A)  106,000 B)  90,000 C)  70,000 D)  78,000 Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales. How many units should the company produce in January?


A) 106,000
B) 90,000
C) 70,000
D) 78,000

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