Timber Run Company Has Prepared the Following Forecasts of Monthly

question 21

Essay

Timber Run Company has prepared the following forecasts of monthly sales:

Timber Run Company has decided that the number of units in its inventory at the end of each month should equal 80% of next month's sales.The budgeted cost per unit is $10.
How many units should be in January's beginning inventory?

---

Definitions:

Practices

Repeated or habitual actions, methods, or operations in a particular field or discipline.

Direct Statements

Clear and straightforward expressions that communicate an idea assertively and without ambiguity.

Motivational Factor

An element or circumstance that stimulates an individual’s enthusiasm, energy, or desire to undertake specific actions or persevere in a task.

Praises

Expressions of approval, commendation, or admiration directed towards a person, group, or entity.