Question
Naylor Corporation has budgeted sales and production over the next quarter as follows: July August September Sales in units 12,000 28,000 ? Production in units
Naylor Corporation has budgeted sales and production over the next quarter as follows:
|
| July | August | September |
| Sales in units | 12,000 | 28,000 | ? |
| Production in units | 15,200 | 30,000 | 34,800 |
The company has 2,400 units of product on hand at July 1. 20% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 22,000 units. Budgeted sales for September would be closest to (in units):
|
| A. | 37,200 |
|
| B. | 34,800 |
|
| C. | 22,000 |
|
| D. | 38,000 |
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
1st Extended Canadian Edition
1118878418, 9781118878415
