Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. howard industries' sales budget shows quarterly sa

Howard Industries' sales budget shows quarterly sales for the next year as follows: Quarter 1,15,000;...

50.1K

Verified Solution

Question

Accounting

Howard Industries' sales budget shows quarterly sales for the next year as follows: Quarter 1,15,000; Quarter 2,13,000; Quarter 3,17,000; Quarter 4,19,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 15% of the next quarter's sales. What would be the budgeted production for the second quarter of next year?
11,650 units;
17,000 units;
15,550 units
13,600 units;
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students