Question: Fukui Electronics is preparing its budgeted production for the coming quarter (April through May). The sales department has provided the following sales forecasts: Month Sales
Fukui Electronics is preparing its budgeted production for the coming quarter (April through May). The sales department has provided the following sales forecasts:
| Month | Sales (units) |
|---|---|
| April | 7,000 |
| May | 7,500 |
| June | 8,000 |
| July | 8,400 |
Finished goods inventory on April 1st was 1,400 units, and Fukui has determined has set a new target ending inventory of 25% of the next month's sales. How many units must Fukui Electronics produce in the upcoming quarter?
Select answer from the options below
23,100
21,800
21,100
23,200
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
