Micro Corporation has budgeted sales of its microchips for the next four-month as follows: Units Sold April 20,000 May 2
Posted: Sat Mar 19, 2022 5:43 pm
company is preparing a production budget for the third quarter. Ending inventory level must equal 20% of the next month's sales. Calculate the ending inventory as of March 31.
Micro Corporation has budgeted sales of its microchips for the next four-month as follows: Units Sold April 20,000 May 25,000 June35,000 July 40,000 The