Dillards companys production budget of a product called IBig is as follows: Budgeted production ...
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Accounting
Dillards companys production budget of a product called IBig is as follows:
Budgeted production
April......12,000 units
May........13,500 units
June.......12,400 units
July.........11,200 units
Each IBig requires 2 yards of material A. The company wants to maintain monthly ending inventories of material A equal to 10% of the following months production needs. On March 31, this target had not been met since only 1,500 yards of material A were on hand. The desired ending inventory for June is???
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