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Harris, Inc., has budgeted sales in units for the next five months as follows: June ........................ 9,400 units July ........................ 7,800 units August ................... 7,300

Harris, Inc., has budgeted sales in units for the next five months as follows:

June

........................

9,400 units

July

........................

7,800 units

August

...................

7,300 units

September

..............

5,400 units

October

..................

4,100 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 1,880 units. The

company needs to prepare production budget for the next five months.

The beginning inventory for September should be:

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