Roberts Enterprises has budgeted sales in units for the next five months as follows: 4,540 units 7,300 units June July August September October 5,340 units 6,780 units 3,740 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 inventory on May 31 contained 908 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units to be produced in July is:

Roberts Enterprises has budgeted sales in units for the next five months as follows: 4,540 units 7,300 units June July August September October 5,340 units 6,780 units 3,740 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 inventory on May 31 contained 908 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units to be produced in July is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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