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The Carvel Corporation forecasts sales in for Q1 of 2023 to be 200,000 ice cream...

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Accounting

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The Carvel Corporation forecasts sales in for Q1 of 2023 to be 200,000 ice cream cakes, with a 10% growth in sales each quarter. The company aims to have a target ending inventory of 25,000 cakes or 10% of the next quarter forecasted sales, whichever is greater. Last Carvel had 17,500 cakes in ending inventory. Forecast sales for next four quarters and create a production budget for 2023 . Sales Forecast

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