The following forecasted sales pertain to Rapid City: Month Sales ...
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Accounting
The following forecasted sales pertain to Rapid City:
Month
Sales
June
$160,000
July
200,000
August
120,000
September
80,000
Finished goods inventory as of May 31
6,000 units
Rapid City has a selling price of $5 per unit and expects to maintain ending inventories equal to 25 percent of next month's sales. How many units are expected to be produced in June?
a.50,000 units
b.36,000 units
c.42,000 units
d.82,000 units
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