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The martin company had a finished goods inventory of 55000

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The Martin Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Martin Company wishes to maintain a desired ending finished goods inventory of 20% of the following months sales. What would be the budgeted inventory for March 31st? Answer 46,000 36,000 Cannot be determined from the data given 42,000

Reference no: EM13606027

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