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or the first four months of rurniture, Inc., estimates the following number of mattress sales for the first four the year: Mo

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Answer #1

Estimated Production of Mattresses

January

(Units)

February

(Units)

March

(Units)

First Quarter

(Total Units)

Estimated Sales

Add: Target Finished Goods Inventory

70,000

17,600

88,000

18,400

92,000

18,800

2,50,000

54,800

Less: Opening Inventory

87,600

14,000

1,06,400

17,600

1,10,800

18,400

3,04,800

50,000
Production of Mattresses 73,600 88,800 92,400 2,54,800

2,54,800 Mattresses should be produced in the first Quarter.

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