Corporation has budgeted sales and production over the next quarter as follows: ...
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Accounting
Corporation has budgeted sales and production over the next quarter as follows:
July | August | September | |||||||
Sales in units | 47,000 | 59,000 | ? | ||||||
Production in units | 47,500 | 59,300 | 63,650 | ||||||
The company has 5,400 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 78,500 units. Budgeted sales for September would be (in units):
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