Harris, Inc., has budgeted sales in units for the next five months as follows:
Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 contained 1,880 units. The company needs to prepare a production budget for the next five months.
-The total number of units produced in July should be:
A) 9,260 units
B) 7,700 units
C) 7,800 units
D) 7,900 units
Correct Answer:
Verified
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