Roberts Enterprises has budgeted sales in units for the next five months as follows:
Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 450 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:
A) 7,630 units
B) 7,100 units
C) 6,920 units
D) 7,280 units
Correct Answer:
Verified
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