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 beginning inventory for September should be:

Question

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 beginning inventory for September should be:

Quizplus · Accepted Answer

The Answer of 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 beginning inventory for September should be: