How many units has Hooper Corporation budgeted

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Question - Budgeted sales for the first six months the year for Hooper Corporation are listed below:

UNITS:

JANUARY 5,000

FEBRUARY 6,000

MARCH 7,000

APRIL 6,000

MAY 4,000

JUNE 3,000

Hooper Corporation has a policy of maintaining an inventory of finished goods equal to 35 percent of the next month's budgeted sales. How many units has Hooper Corporation budgeted to produce in the first quarter of the year?

Reference no: EM132708362

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