Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September 48,000 60,000 ? 48,400 60,300 64,650 Sales in units. Production in units. The company has 5,600 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 79,500 units. Budgeted sales for September would be (in units):

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Frolic Corporation has budgeted sales and production over the next quarter as follows:
July August September
48,000 60,000
?
48,400 60,300
64,650
Sales in units
Production in units.
The company has 5,600 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are
expected to be 79,500 units. Budgeted sales for September would be (in units):
Transcribed Image Text:Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September 48,000 60,000 ? 48,400 60,300 64,650 Sales in units Production in units. The company has 5,600 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 79,500 units. Budgeted sales for September would be (in units):
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