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How many units need to be produced during the second quarter

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Reference no: EM132529153

Custom Embroidering, Inc. (CEI) manufactures baseball hats with the Arizona State University Sun Devil logo embroidered on the hats. Even though the baseball hats come in a variety of colors, the hats are considered to be a single product.

Each hat sells for $20 and CEI has forecasted quarterly sales for 2020 are as follows:

                                     Dollars                    Units

1st Quarter                $150,000            7,500

2nd Quarter               $200,000            10,000

3rd Quarter               $225,000            11,250

4th Quarter               $175,000            8,750

Question 1: Finished goods inventory is maintained at 50% of the following quarter's sales. How many units need to be produced during the second quarter 2020? (The January 1, 2020 beginning inventory is 3,750 units)

Group of answer choices

Option A. 10,625

Option b. 8,750

Option c. 20,625

Option d. 9,375

Reference no: EM132529153

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