How many units should be purchased in april may and june?, Ask an Expert

Accounting

Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted:

April May June July August
Unit sales 640 720 780 620 660

Additional information follows:

Inventory on March 31: 192 units
Desired ending inventory each month:30% of next months sales

How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M953937

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