Question
Gyro Inc. produces small medical appliances, including AFO. The sales budget for the third quarter of the fiscal year for the panini grill is as
Gyro Inc. produces small medical appliances, including AFO. The sales budget for the third quarter of the fiscal year for the panini grill is as follows: Unit sales July 325,000 August 344,500 September 318,500 October's predicted sales are 299,000 units. Gyro has had a policy of maintaining an ending inventory of 20% of next month's sales. At the beginning of July, the inventory of AFO was 65,000 grills. As a result of predicted lower sales at the end of the quarter, Gyro has decided that inventory needs to be only 10% of next month's sales. Based on this information, how many units are budgeted to be produced in the month of September?
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