Superior Industries' sales budget shows quarterly sales for the next year as follows:
Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales.What should be the budgeted production for the second quarter?
A) 7,200 units.
B) 8,000 units.
C) 8,400 units.
D) 8,800 units.

Question

Superior Industries' sales budget shows quarterly sales for the next year as follows: 
Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales.What should be the budgeted production for the second quarter?
A) 7,200 units. 
B) 8,000 units. 
C) 8,400 units. 
D) 8,800 units.

Quizplus · Accepted Answer

The Answer of Superior Industries' sales budget shows quarterly sales for the next year as follows: 
Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales.What should be the budgeted production for the second quarter?
A) 7,200 units. 
B) 8,000 units. 
C) 8,400 units. 
D) 8,800 units.

Superior Industries' Sales Budget Shows Quarterly Sales for the Next