Keep-It-Cool Products Inc

Multiple Choice

Keep-it-Cool Products Inc. manufactures a medium-sized drink cooler. On June 30, the company had 800 coolers in inventory. The company's policy is to maintain a cooler inventory equal to 5% of next month's expected sales. The company expects the following sales activity for the third quarter of the year: How many coolers should be produced in August?

A) 24,275 coolers
B) 25,725 coolers
C) 25,525 coolers
D) 23,225 coolers