Roberts Enterprises has budgeted sales in units for the next five months as follows: June:...
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Accounting
Roberts Enterprises has budgeted sales in units for the next five months as follows:
June: 4670 units
July: 7950 units
August: 5470 units
September: 7040 units
October: 3870 units
Past experience has shown that the ending inventory for each month must be equal to 30% of the next month's sales in units. The inventory on May 31 contained 1401 units. The company needs to prepare a production budget for the second quarter of the year.
The total number of units to be produced in July is:
Choose:
7950 units
9591 units
8404 units
7026 units
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