Seebold, Inc., has budgeted sales and production over the next quarter as follows:
|
July
|
August
|
September
|
October
|
Sales in units
|
15,000
|
18,000
|
?
|
22,000
|
Production in units
|
15,900
|
18,900
|
21,300
|
-
|
On July 1, Seebold, Inc., has 4,500 units in finished goods. Ending inventory of finished goods for each month is budgeted to be 30% of the next month's budgeted sales in units. Calculate the budgeted unit sales for September.
a. 20,000.
b. 21,000.
c. 21,400.
d. 22,100.