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How many units should jake produce during the first quarter

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Question - At January 2006, Jake, Inc. has beginning inventory of 3,000 surfboards. Jakes estimates it will sell 14,000 units during the first quarter of 2006 with a 10% increase in sale each quarter. Jakes policy is to maintain an ending inventory equal to 20% of the next quarter sales. Each surfboard costs $140 and sold for $200. How many units should Jake produce during the first quarter of 2007?

a. $14,080

b. $14,000

c. 16,800

d. 14,200

Reference no: EM131796264

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