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The company maintains a finished goods inventory equal to 1 0 % of the following month's sales. The inventory of finished goods on July 1

The company maintains a finished goods inventory equal to 10% of the following month's sales. The inventory of finished goods on July 1 is as it should be.
\table[[\table[[Paughan Company],[Production Budget],[3rd Quarter]],July,Total],[\table[[,August,September,3rd Quarter,],[Budgeted Sales in Units,8,000,13,000,14,000,35,000],[Add: Desired Ending Inventory,1,300,1,400,600,600],[Total Needs,9,300,14,400,14,600,35,600],[Less: Beginning Inventory,600,1,300,1,400,(600)
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