Frolic Corporation has budgeted sales and production over the next quarter as follows: The company has 17,500 units of product on hand at July 1. 25% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 97,000 units. Budgeted sales for September would be (in units):

Question

Frolic Corporation has budgeted sales and production over the next quarter as follows:  The company has 17,500 units of product on hand at July 1. 25% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 97,000 units. Budgeted sales for September would be (in units):

Quizplus · Accepted Answer

11eacbfc_c5d1_0b81_8ffe_5f38ecf0ac93_TB7552_00 83,000 + 0.25X − 20,750 = 84,750
0.25X = 22,500
X = 90,000
or
24,250 + X − 0.25X = 91,750
0.75X = 67,500
X = 90,000

Frolic Corporation Has Budgeted Sales and Production Over the Next