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The marketing, general, and administrative expenses and 60% of all purchases of merchandise are paid in the month purchased, with the remainder of merchandise purchases

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The marketing, general, and administrative expenses and 60% of all purchases of merchandise are paid in the month purchased, with the remainder of merchandise purchases paid in the following month. The number of units in each month's ending inventory is equal to 125% of the next month's units of sales. The cost of each unit of inventory is $30. Marketing, general, and administrative expenses, of which $3,000 is depreciation, are equal to 15% of the current month's sales. Actual and projected sales are as shown below: March April May June July August Dollars $ 472,000 $484,000 $476,000 $ 456,000 $ 480,000 $ 480,000 Units 11,800 12,100 11,900 11,400 12,000 12,200 What are the budgeted number of inventory units that need to be purchased in July? 1 Multiple Choice 0 11750 0 12.000 0 15,000. 0 12.250

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