Copr Goedl 2022 Sheba Industries reported the following budgeted sales in units for the first quarter of the fiscal year. Month Units June 3,300 July 2,960 3,120 August The desired ending finished goods inventory should be 10% of the next month's sales in units. The inventory on May 31 contained 330 units, which is the beginning inventory for June. The manager is preparing the production budget. The total number of units to be produced in July is: 2,976 units 3,272 units 3,266 units O3,596 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Copr Goedl 2022 Sheba Industries reported the following budgeted sales in units for the first
quarter of the fiscal year.
Month
Units
June
3,300
July
2,960
3,120
August
The desired ending finished goods inventory should be 10% of the next month's sales in
units. The inventory on May 31 contained 330 units, which is the beginning inventory for
June. The manager is preparing the production budget.
The total number of units to be produced in July is:
2,976 units
3,272 units
3,266 units
O3,596 units
Transcribed Image Text:Copr Goedl 2022 Sheba Industries reported the following budgeted sales in units for the first quarter of the fiscal year. Month Units June 3,300 July 2,960 3,120 August The desired ending finished goods inventory should be 10% of the next month's sales in units. The inventory on May 31 contained 330 units, which is the beginning inventory for June. The manager is preparing the production budget. The total number of units to be produced in July is: 2,976 units 3,272 units 3,266 units O3,596 units
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