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Newton Ltd manufactures two products. The expected sales for each product are shown below.
Product 1 product 2
Sales in units 3,000 4,500
Opening inventory is expected to be:
Product 1 500 units
Product 2 700 units
Management has stated their desire to reduce inventory levels, and closing inventory is budgeted as:
Product 1 200 units
Product 2 300 units
Required:
Question 1: Complete the following:
a) The number of units of product 1 to be produced is
b) The number of units of product 2 to be produced is
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