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On March 31 of Year 1, Elam Company had finished goods inventory of 3,000 units. Starting in April, Elam intends to have an inventory policy

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On March 31 of Year 1, Elam Company had finished goods inventory of 3,000 units. Starting in April, Elam intends to have an inventory policy of maintaining ending inventory at the end of every month equal to the next month sales. Forecasted sales for the months April, Year 1 through July, Year 1 are as follows: April: 1,000 units May: 2,500 units June: 4,000 units July: 6,500 units . What is the amount of budgeted PRODUCTION for June? O $6,500 O $3.500 O $8,500 O $7.500 $5,500 O $4,500

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