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Question
Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted:
| April | May | June | July | August | ||
| Unit sales.. | 640 | 720 | 780 | 620 | 660 | |
| Additional information follows: | ||||||
| Inventory on March 31: | 192 Units | |||||
| Desired ending inventory each month: | 30% of next month's sales | |||||
How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?
Answer
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