In: Accounting
|
ABC Company manufacture one product with the following data |
||
|
January |
February |
|
|
Expected sales (units) |
10,000 |
11,000 |
|
Beginning inventory (units) |
2,000 |
|
|
The company requires to have ending inventory equals to |
20% |
of the next month sales in units. |
|
Find the need purchases for January |
||
|
a. 10,000 |
||
|
b. 10,200 |
||
|
c. 10,300 |
||
|
d. 10,450 |