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Sunshine Inc

Question 75

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Sunshine Inc. manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool sells for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year:
Sunshine Inc. manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool sells for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year: In addition, July's sales are expected to be 20,000 units. Required: In addition, July's sales are expected to be 20,000 units.
Required:
Sunshine Inc. manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool sells for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The company expects the following sales activity for the second quarter of the year: In addition, July's sales are expected to be 20,000 units. Required:

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