Ruby Company, Inc. has the following budgeted sales for the next quarter: Month: Units April 9,300 May 9,500 June 9,600 nventory of finished goods on hand at the beginning of the quarter is 1,860 units. The company desires to maintain ending inventory each month equal to 20% of next month's sales Olus an additional 100 units. How many units are to be produced during April? OA. 7,440 units OB. 18,600 units O C. 9,440 units O D. 9,600 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ruby Company, Inc. has the following budgeted sales for the next quarter:
Month:
Units
April
9,300
May
9,500
June
9,600
Inventory of finished goods on hand at the beginning of the quarter is 1,860 units. The company desires to maintain ending inventory each month equal to 20% of next month's sales
plus an additional 100 units. How many units are to be produced during April?
A. 7,440 units
OB. 18,600 units
OC. 9,440 units
OD. 9,600 units
Transcribed Image Text:Ruby Company, Inc. has the following budgeted sales for the next quarter: Month: Units April 9,300 May 9,500 June 9,600 Inventory of finished goods on hand at the beginning of the quarter is 1,860 units. The company desires to maintain ending inventory each month equal to 20% of next month's sales plus an additional 100 units. How many units are to be produced during April? A. 7,440 units OB. 18,600 units OC. 9,440 units OD. 9,600 units
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