At January 1, 2008, Jake, Inc. has beginning inventory of 3,000 surfboards. Jake estimates it will sell 14,000 units during the first quarter of 2008…

At January 1, 2008, Jake, Inc. has beginning inventory of 3,000 surfboards. Jake estimates it will sell 14,000 units during the first quarter of 2008 with a 10% increase in sales each quarter. Jake�s policy is to maintain an ending inventory equal to 20% of the next quarter�s sales. Each surfboard costs $140 and is sold for $200. How many units should Jake produce during the first quarter of 2008?a. 14,080b. 14,000c. 16,800d. 14,200

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