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At January 1, 2022, Bonita, Inc. has beginning inventory of 3700 surfboards, Bonita estimates it...

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Accounting

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At January 1, 2022, Bonita, Inc. has beginning inventory of 3700 surfboards, Bonita estimates it will sell 1920 units during the first quarter of 2022 with a 10% increase in sales each quarter. Bonita's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $220 and is sold for $220. How many units should Bonita produce during the first quarter of 2022? 20780 O 19200 O 17420 O 15500

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