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TB MC Qu. 20-99 (Algo) The sales budget for Modesto... The sales budget for Modesto Corporation shows that 34,000 units of Product A will be

TB MC Qu. 20-99 (Algo) The sales budget for Modesto...

The sales budget for Modesto Corporation shows that 34,000 units of Product A will be sold in the current month and 38,000 units will be sold next month. Beginning inventory for the current month is 3,400 units, and the company wants to have 10% of next months sales in inventory at the end of the month. Budgeted purchases of Product A for the current month would be:

Multiple Choice

  • 37,800 units.

  • 34,400 units.

  • 34,000 units.

  • 31,544 units.

  • 32,640 units.

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