Meadow Company produces hand tools. A sales budget for the next four months is as follows: March 10,800 units, April 13,300, May 16,100 and June 21,200. Meadow Companys ending finished goods inventory policy is 20% of the following months sales. What is budgeted ending finished goods inventory for May?

Multiple Choice

• 2,660

• 3,220

• 4,240

• 2,160