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Red Enterprises has budgeted sales in units for the next five months as follows: June 4,620 units July 7,700 units August 5,420 units September 6,940
Red Enterprises has budgeted sales in units for the next five months as follows:
June | 4,620 | units |
July | 7,700 | units |
August | 5,420 | units |
September | 6,940 | units |
October | 3,820 | units |
Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 462 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:
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