Forrest Company manufactures phone chargers and has a JIT policy that ending inventory must equal...
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Accounting
Forrest Company manufactures phone chargers and has a JIT policy that ending inventory must equal 10% of the next month's sales. It estimates that October's actual ending inventory will consist of 42,000 units. November and December sales are estimated to be 420,000 and 400,000 units, respectively Compute the number of units to be produced that would appear on the company's production budget for the month of November. FORREST COMPANY Production Budget For Month Ended November 30 Required units of available production Units to be produced
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