Spruce Corporation has budgeted sales and finished good inventory purchases over the next quarter as follows: July August September October Sales in Units 40,000 52,000 53,500 ? Purchase units 42,400 52,300 56,650 The company has 8,000 units of the product on hand on July1.

Finished goods inventory ending balance required as a percent of next months sales: 20%

Budgeted sales for October in units would be:

A. 69,250 units B. 53,500 units

C. 56,650 units

D. 52,000 units E. None of the above