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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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