Solved

Porcelain Interiors Sells a Variety of Porcelain Products Including Porcelain

Question 47

Multiple Choice

Porcelain Interiors sells a variety of porcelain products including porcelain sinks. On December 31, the company had 75 sinks in inventory. The company's policy is to maintain a sink inventory equal to 10% of next month's expected sales. The company expects the following sales activity for the first quarter of the year: Porcelain Interiors sells a variety of porcelain products including porcelain sinks. On December 31, the company had 75 sinks in inventory. The company's policy is to maintain a sink inventory equal to 10% of next month's expected sales. The company expects the following sales activity for the first quarter of the year:   What is the projected production for February? A)  1,115 sinks B)  1,015 sinks C)  985 sinks D)  1,215 sinks What is the projected production for February?


A) 1,115 sinks
B) 1,015 sinks
C) 985 sinks
D) 1,215 sinks

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions