Question
Hardy, Inc., has budgetedsalesin units for the next five months as follows: June....8200 units July......6300 units August....4700 units September...3600 units October....2600 units Past experience has
Hardy, Inc., has budgetedsalesin units for the next five months as follows:
June....8200 units
July......6300 units
August....4700 units
September...3600 units
October....2600 units
Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 contained 1,640 units. The company needs topreparea productionbudgetfor the next five months.
The total number of unitsproducedinJulyshould be:
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
