Bright Lights Company Manufactures Lamps

Question 60
Multiple Choice

Bright Lights Company manufactures lamps. The estimated lamp sales for the last three months of the current year are as follows: Month Sales October 10,000 November 13,000 December 15,000 Finished goods inventory at the end of September was 3,000 units. Ending finished goods inventory is budgeted to equal 25% of the next month's sales. The company expects to sell the lamps for $25 each. The first three months of the next year's sales are projected at 16,000 lamps. How many lamps should be produced in November? A) 10,500 lamps B) 11,000 lamps C) 13,500 lamps D) 14,000 lamps