Question: Chapter 14 Homework: Breaded Oak, Inc. has a policy that requires 20 percent of the expected sales of its product to be on hand at

Chapter 14 Homework:

Breaded Oak, Inc. has a policy that requires 20 percent of the expected sales of its product to be on hand at the end of the prior month. Forecasted sales, in units, for the months of January through April are as follows:

January

36,000 units

February

42,000 units

March

58,000 units

April

52,000 units

(a.) Calculate the number of units planned for ending inventory for January, February, and March. (b.) Calculate the number of units budgeted to be produced in January, February, and March.

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