Ruby Company, Inc. has the following budgeted sales for the next quarter: Inventory of finished...
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Ruby Company, Inc. has the following budgeted sales for the next quarter: Inventory of finished goods on hand at the beginning of the quarter is 600 units. The company desires to maintain ending inventory each month equal to 25% of next month's sales plus an additional 100 units. How many units are to be produced during May? A. 2,625 units B. 2,500 units C. 2,700 units D. 2,550 units
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