A July sales forecast projects that 9,500 units are going to be sold at a price of $11.00 per unit Management forecasts 4% growth in sales each month Total August sales are anticipated to be $104,000 $100,580 $110,840 O $107,420 O $108,680 QUESTIONS Loh Company provides the following unit sales forecast for the next there mondas Sales units 6,000 February 9.400 March 10,000 The company wants to end each month with ending fineshed goods inventory equal to 10% of the next month's sales Finished goods inventory on December 31 is 600 units The budgeted production units for February are O8,240 units O1,400 units O 8,560 units O9.400 10,000 QUESTION A sporting equipment store expects to purchase $8,000 of ski boots in October The store had $3,000 of ski boots in merchandne uvestory at the beginning of October and expects to have $2,000 of ski boots in mechandue inventory at the end of October to cover part of anticipated November sales What is the budgeted cost of goods sold for October? $5,000 O $7,000 O $1,000