11. Vasser Corporation plans to sell 50,000 vintage chairs in July, and anticipates a sales growth rate of 1% per month thereafter. The desired monthly ending finished goods inventory is 20% of the next month's projected sales. The company had 20,000 vintage chairs in its finished goods inventory on June 30. How many vintage chairs should Vasser Corporation plan to manufacture in August? A. 50,500 B. 50,601 C. 60,000 D. 60,701

Use the following information to answer questions 12 and 13. Wrightson Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Each unit of finished goods requires two grams of raw material.

12. If Wrightson Corporation plans to sell 670,000 units during the year, what is the quantity of finished goods it will need to manufacture during the year? A. 620,000 units B. 670,000 units C. 720,000 units D. 760,000 units

13. How much raw material will Wrightson Corporation purchase during the year? A. 1,340,000 grams B. 1,430,000 grams C. 1,440,000 grams D. 1,530,000 grams