Q 13

Mounce Inc. produces and sells free-standing quilt frames. In budgeting for production needs, the company requires that 5% of the next month's sales be on hand at the end of each month. Budgeted sales of quilt frames over the next four months are: September October November December Sales (Units) 20,000 30,000 50,000 40,000 What is budgeted production for October? O 31,000 units O 29,000 units O 32,500 units 30,000 units