
A company has a policy of holding stock equal to next month’s expected sales plus 10%.
The information below shows the budgeted sales for the next three months.
- Aug — 300 units
- Sept — 270 units
- Oct — 360 units
What must be the company’s production in September, in order to achieve its objectives?
Select ONE answer:
- 267
- 333
- 369
- 396
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct = – (270 *0.1) + 360 + (360 * 0.1)
- Not correct
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