has budgeted sales and production over the next quarter as follows:

	July			August		September
Sales in units	46,000			58,000		?
Production in units	46,600			58,300		62,650

The company has 5,200 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 77,500 units. Budgeted sales for September would be (in units):

Multiple Choice

• 68,450

• 61,000

• 70,000

• 70,400