Red Enterprises has budgeted sales in units for the next five months as follows: ...
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Accounting
Red Enterprises has budgeted sales in units for the next five months as follows:
June | 4,530 | units |
July | 7,250 | units |
August | 5,330 | units |
September | 6,760 | units |
October | 3,730 | units |
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 453 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:
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