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How many units of merchandise does reyes expect

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Reference no: EM131619593

Problem - Reyes Merchandising Company has created the following sales forecast for the beginning of the upcoming fiscal year:

January

February

March

April

Budgeted unit sales

15.400

18.500

16,200

17.600

The company expects to start the year with 1,970 units in merchandise inventory. Management desires an ending merchandise inventory in each month equal to 15% of next month's budgeted unit sales. How many units of merchandise does Reyes expect to purchase for March?

a. 18,840

b. 16,410

c. 16,200

d. 18.155

Reference no: EM131619593

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