Alpha CD Corp. has a policy of maintaining an inventory of finished goods equal to 40 percent of the next month’s budgeted sales. If Alpha CD Corp. plans to produce 6,000 units in June, what are budgeted sales for July? 9,000 units 8,000 units 3,600 units 1,000 units
Alpha CD Corp. has a policy of maintaining an inventory of finished goods equal to 40 percent of the next month’s budgeted sales. If Alpha CD Corp. plans to produce 6,000 units in June, what are budgeted sales for July? 9,000 units 8,000 units 3,600 units 1,000 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Alpha CD Corp. has a policy of maintaining an inventory of finished goods equal to 40 percent of the next month’s budgeted sales. If Alpha CD Corp. plans to produce 6,000 units in June, what are budgeted sales for July?
- 9,000 units
- 8,000 units
- 3,600 units
- 1,000 units

Transcribed Image Text:Budgeted sales for the first six months of 2019 for Alpha CD Corp. are listed below:
JANUARY FEBRUARY MARCH
7,000
APRIL
7,000
MAY
5,000
JUNE
4,000
UNITS:
6,000
8,000
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