The Following Forecasted Sales Pertain to Micah Company: Collection Pattern

question 44

Multiple Choice

The following forecasted sales pertain to Micah Company: Collection pattern:
60% in month of sale
40% in month following the sale
The company has a selling price of $10 per unit and expects to maintain ending inventories equal to 20% of the next month's sales.How many units are expected to be produced in April?

• A) 21,000 units
• B) 19,000 units
• C) 25,000 units
• D) 20,000 units

---

Definitions:

Servant Leader

A servant leader prioritizes the needs of their team or organization before their own, focusing on the growth and well-being of their colleagues and the community they serve.

Career Assistance

Professional help provided to individuals seeking to advance or change their careers, often including advice, training, and job search support.

Initiating Structure

A leadership behavior that focuses on the definition of roles, tasks, and the settings of goals within a group or organization to achieve effectiveness.