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Dido Co.s finished goods inventory policy is to hold enough inventory at the end of the month to meet 22% of next months sales requirements.

Dido Co.s finished goods inventory policy is to hold enough inventory at the end of the month to meet 22% of next months sales requirements. The cost and selling price of each unit of inventory is $19 and $29, respectively.

Didos budgeted sales (in units) for the months June through September 20x1 is as follows:

June

7510

July

5064

August

9826

September

2192

What is Didos budgeted production (in dollars) for the month of August 20x1?

Select one:

a. $8147

b. $195857

c. $154784

d. $236249

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