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    edilreyes54's Avatar
    edilreyes54 Posts: 1, Reputation: 1
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    #1

    Feb 1, 2007, 06:49 PM
    Accounting problem
    Hoover Electronics has beginning inventory of 22,000 units, will sell 60,000 units for the coming month, and desires to reduce ending inventory to 30 percent of beginning inventory. How many units should Hoover produce?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Feb 1, 2007, 08:23 PM
    Beg Inv 22,000
    Sell 60,000
    Produce??
    Ending = .30 x Ben Inv 22,000 = 6,600

    Therefore, Produce 44,600 units
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