The inventory policy is to have ending inventory equal to 20 of next months sales June July August Desired ending inventory Beginning inventory Budgeted sales 240 400 Budgeted production 380 Compute budgeted production for July Group of answer choices 208 120 not enough information 272 320

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The inventory policy is to have ending inventory equal to 20% of next months sales. June July August Desired ending inventory ? ? ? Beginning

The inventory policy is to have ending inventory equal to 20% of next months sales.

	June	July	August
Desired ending inventory	?	?	?
Beginning inventory	?	?	?
Budgeted sales	?	240	400
Budgeted production	?	?	380

Compute budgeted production for July

Group of answer choices

208

120

not enough information

272

320

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