Test: Test 2 Time Remaining: 01:03:27 Submit Test This : 2 pts 17 of 25 (0 compl

Question

Test: Test 2 Time Remaining: 01:03:27 Submit Test This : 2 pts 17 of 25 (0 complete) This Test: 50 pts possible Sma Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming year. CGill First quarter budgeted jump rope sales in units 24,000 80,000 16,000 26,000 quarter budgeted jump rope sales in units Third quarter budgeted jump rope sales in units Fourth quarter budgeted jump rope sales in units Inventory at the beginning of the year was 3.700 um pres z mp any wants to have 10% of the next quarter's sales i How many jump ropes should Totz Company produce during the first quarter? enga sonhand at the end of each quarter Journa O A 28,300 ? B. 24,000 O c. 20,300 OD, 35,700 0 of oo

Explanation / Answer

Number of units produced(1 quarter)=

sales units - opening stock+ closing stock

= 24,000 - 3,700 +(80,000*10%)

= 20,300 + 8,000

= 28,300 units

Therefore answer is option (a).

Note=

Closing stock of quarter first is 10% of second quarter

80,000*10%=8,000

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