Calculator Excellent Company manufactures lamps. The estimated number of lamp sales for three months are as follows: Month Sales August 12,000 September 16,000 October 15,000 Finished goods inventory at the end of July was 3,600 units. Ending finished goods inventory is budgeted as 30% of the next month's sales. Excellent expects to sell the lamps for $30 each. In November, sales are projected at 18,000 lamps. How many lamps should be produced in September? a. 11,000 lamps b. 10,500 lamps c. 14,000 lamps d. 15,700 lamps
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Home » Business » Calculator Excellent Company manufactures lamps. The estimated number of lamp sales for three months are as follows: Month Sales August 12,000 September 16,000 October 15,000 Finished goods inventory at the end of July was 3,600 units.