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4 pts ABC Company has been a leading manufacturer of widgets for many years. ABC Company projected sales for the first quarter of 2020 as

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4 pts ABC Company has been a leading manufacturer of widgets for many years. ABC Company projected sales for the first quarter of 2020 as follows: January = 1000 units, February = 1300 units and March = 1600 units. Management wants ending inventory for each month to be equal to 20% of the next month's projected unit sales. The estimated January 1, 2020, inventory is 200 units. What is the budgeted production (in units) for February? 1600 1420 1360 1760

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