Question: Forrest Company manufactures watches and has a JIT policy that

Forrest Company manufactures watches and has a JIT policy that ending inventory must equal 10% of the next month’s sales. It estimates that October’s actual ending inventory will consist of 40,000 watches. November and December sales are estimated to be 400,000 and 350,000 watches, respectively. Compute the number of watches to be produced that would appear on the company’s production budget for the month of November.



$1.99
Sales2
Views472
Comments
  • CreatedNovember 29, 2013
  • Files Included
Post your question
5000