Able Industries sales budget shows quarterly sales for the next year as follows: Quarter 1-11,000;...
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Accounting
Able Industries sales budget shows quarterly sales for the next year as follows: Quarter 1-11,000; Quarter 2-9,000; Quarter 3-13,000; Quarter 4-15,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 10% of the next quarter's sales. Budgeted production for the second quarter of next year would be: O 1. 9,400 units 2. 8,500 units 3. 10,300 units 4. 13,000 units O
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