34.0% 12.0% Question 27 On September 30, 20X1, Kyle Company had finished goods inventory of 1,500 units. Starting in October, Kyle intends to have an inventory policy of maintaining endi inventory at the end of every month equal to the next TWO month's sales. For example, ending inventory at the end of October should be equal to forecasted sales i November plus forecasted sales in December. Forecasted sales for the months October 20X1 through January 20X2 are as follows: October 7,120 units November 3,920 units December 6,680 units January 9,670 units Based on these estimates, what is ENDING INVENTORY for NOVEMBER 9,670 units 16,350 units 10,600 units 3,920 units