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Imperial Company plans to sell 150,000 units of finished product in July and anticipates a...

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Accounting

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Imperial Company plans to sell 150,000 units of finished product in July and anticipates a growth rate in sales of 5% per month, in each month following that. The desired monthly ending inventory in units of finished product is 30% of the next month's estimated sales, but the closing inventory of the finished product in any month cannot exceed 50,000 units, due to a lack of storage space. There are 50,000 finished units in inventory on June 30. Imperial Company's planned production of the finished product for the month of September will be closest to: A 167,856 units B 157,500 units I do not wish to answer this question. D 150,000 units E 165,762 units F 165,375 units

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