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Author Question: Toyz Company produces scooters. Toyz Company has the following sales projections for the upcoming ... (Read 74 times)

jCorn1234

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Toyz Company produces scooters.  Toyz Company has the following sales projections for the upcoming year:

First quarter budgeted scooter sales in units20,000
Second quarter budgeted scooter sales in units35,000
Third quarter budgeted scooter sales in units22,000
Fourth quarter budgeted scooter sales in units30,000

Inventory at the beginning of the year was 4,000 scooters.  Toyz Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter.  How many scooters should Toyz Company produce during the first quarter?
◦ 31,000
◦ 23,000
◦ 20,000
◦ 16,000


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Marked as best answer by jCorn1234 on Jan 5, 2020

frogdreck123456

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jCorn1234

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Reply 2 on: Jan 5, 2020
Excellent


peter

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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