Assume Theo Chocolate, a company that sells chocolate bars, has the following sales budget for quarter 1: January February March Sales Budget 12,500 16,000 21,000 Assume Theo Chocolate wants to have finished goods inventories at 9% of the next month's budgeted sales volume. 

How many chocolate bars should the company budget to produce in the month of February?

Answer rating: 100% (QA)

The budgeted sales volume for February is 16000 chocolate bars Finished goods inventory target fo... View the full answer