Olympia Productions. Inc., makes award medallions that are attached to ribbons. Each medallion requires 18 inches of ribbon. The sales forecast for February is 2000 medallions. Estimated beginning inventories and desired ending inventories for February are as follows:

Required:
a. Calculate the number of medallions to be produced in February.
b. Calculate the number of yards of ribbon to be purchased in February?

Transcribed Image Text:

Estimated Beginning Inventory Desired Ending Inventory Mcdalions Ribbon (yards 800 1,000 50