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Chris Company makes and sells laundry duffel bags. Each duffel bag sells for $25 and has a unit variable cost of $10. The company
Chris Company makes and sells laundry duffel bags. Each duffel bag sells for $25 and has a unit variable cost of $10. The company has provided the following budgeting data for March: Sales (all cash sales) $35,000 Cash balance on March 1 4,000 Cash disbursements during the month 37,000 A minimum cash balance on March 31 4,000 If necessary, Chris will borrow cash from the local bank in multiples of $1,000. How many units did Chris budget to sell during March? Budget eTextbook and Media units.
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