Superior Industries’ sales budget shows quarterly sales for the next year as follows:
|
Quarter |
Sales (units) |
|
First |
10,000 |
|
Second |
8,000 |
|
Third |
12,000 |
|
Fourth |
14,000 |
Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter’s sales. How much should the budgeted production for the second quarter be?