connec 7 HW Instructions 1 help Question 4 fof 4 Save & Ext Subm 8.75 points Mar

Question

connec 7 HW Instructions 1 help Question 4 fof 4 Save & Ext Subm 8.75 points Martow Company produces hand tools. A production budget for the is as follows goods m ento y policy is 15% of the folowing month's sales Marlow plans to sell 16,400 units in May what is budgeted endng next four montchs is as follows March 10,800 units Apri 14.190, May 16.200, and June 21.500. Marlow Company's ending foshed vento y for March ? O 2129 O 2.430 O 2070 O 1620 References Objective Multiple Choice son budger INTL 06/11/2017 Escribe aquí para buscar

Explanation / Answer

Answer is 2129 units.

The explanation is as follows:

Budgeted production of april 14,190 units

Company policy is to keep 15% of next month production in stock

Therefore, for March month, ending inventory must be equal to 15% of April month production

Ending inventory for march = 14190 *15% = 2129 units

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