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Prepare production requirement in units of finished product

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Reference no: EM132586022

Question 1: ABC Company has been operating for 2 years producing irons. In the month of June, they have sold a total of 350,450 irons. For the month of July, their target sales is to sell 500,000 irons by the end of the month where 65% of their months production will be carried over to the next month. There are 355,000 finished irons in inventory. Based on an aniticpated 10% monthly growth rate by the company, prepare the production requirement in units of finished product for the next four months.

Reference no: EM132586022

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