Champ, Inc. predicts the following sales in units for the coming three months: Each months ending inventory

Question:

Champ, Inc. predicts the following sales in units for the coming three months:

Each month€™s ending inventory of finished units should be 60% of the next month€™s sales. The April 30 finished goods inventory is 50 units. Compute Champ€™s budgeted production (in units) forMay.

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...