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Round Company produces hula hoops. Round Company has the following sales projections for the upcoming year. First quarter budgeted hula hoop sales in units Second

Round Company produces hula hoops. Round Company has the following sales projections for the upcoming year.
First quarter budgeted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units
23,300
40,000
25,000
31,000
Fourth quarter budgeted hula hoop sales in units
Round Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was 4,300 hula hoops. How many hula hoops should the company produce during the first quarter?
A.23,000
B.23,300
C.19,000
D.31,600
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