Question
Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September Sales in units 42,000 54,000 ? Production in units
Frolic Corporation has budgeted sales and production over the next quarter as follows:
| July | August | September | |
|---|---|---|---|
| Sales in units | 42,000 | 54,000 | ? |
| Production in units | 43,000 | 54,300 | 58,650 |
The company has 4,400 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 73,500 units. Budgeted sales for September would be (in units):
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Financial Accounting
Authors: Jan Williams, Susan Haka, Mark S Bettner, Joseph V Carcello
17th edition
978-1259692390
