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Red Enterprises has budgeted sales in units for the next five months as follows: June 4,660 units July 7,900 units August 5,460 units September 7,020
Red Enterprises has budgeted sales in units for the next five months as follows:
June | 4,660 | units |
July | 7,900 | units |
August | 5,460 | units |
September | 7,020 | units |
October | 3,860 | units |
Past experience has shown that the ending inventory for each month must be equal to 20% of the next month's sales in units. The inventory on May 31 contained 932 units. The company needs to prepare a production budget for the second quarter of the year.
The total number of units to be produced in July is:
Multiple Choice
8,207 units
7,412 units
8,992 units
7,900 units
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