Vermicelli Company plans to sell 310,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 260,000 finished units in inventory on June 30.

Vermicelli Company's production requirement in units of finished product for the three-month period ending September 30 is: (CMA adapted)

a) 1074226

b) 977275

c) 1056700

d) 1004366