Gorberchev Food Processing expects to have 38,000 units of finished goods inventory on hand on...
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Accounting
Gorberchev Food Processing expects to have 38,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units) for the months of April through July: April138,000May148,000June175,000July138,000At the end of each month the company desires its ending finished goods inventory to be 20% of the next month's projected sales (in units).The budgeted production (in units) for Gorberchev Food Processing for May should be:
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