Roberts Enterprises has budgeted sales in units for the next five months as follows: June4,500unitsJuly7,100unitsAugust5,300unitsSeptember6,700unitsOctober3,700unitsPast experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 450 units. The company needs to prepare a production budget for the second quarter of the year.The beginning inventory in units for September is:
A. 370 units
B. 530 units
C. 670 units
D. 6,700 units
Answer: C
You might also like to view...
Brazil is not among the emerging market countries who have signed the New York Convention
Indicate whether the statement is true or false
Lydia told the story of the company’s original founding to ______.
A. remind people of their humble beginnings B. garner appreciation for company’s growth C. give value to all the hard work put in over the years D. all of these
Cannibalization occurs when existing products take sales away from new products the firm is trying to promote.
Answer the following statement true (T) or false (F)
Use of value stream mapping requires construction of a current state drawing, a future state drawing, and an implementation plan
Indicate whether the statement is true or false