Hardin, 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 15% of the next month's sales in units. The inventory on May 31 contained 1,020 units. The company needs to prepare a production budget for the next five months.
-The beginning inventory for September should be:

Question

Hardin, 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 15% of the next month's sales in units. The inventory on May 31 contained 1,020 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 Hardin, 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 15% of the next month's sales in units. The inventory on May 31 contained 1,020 units. The company needs to prepare a production budget for the next five months.
-The beginning inventory for September should be:

Hardin, Inc, Has Budgeted Sales in Units for the Next