A company has budgeted sales in units for the next five mont…
A company has budgeted sales in units for the next five months as follows: June 4,630 units July 7,750 units August 5,430 units September 6,960 units October 3,830 units Past experience has shown that the ending inventory for each month must be equal to 20% of the next month’s sales in units. The company needs to prepare a production budget for the third quarter of the year and will start with the July budget. The total number of units to be produced in July is: