XYZ Co. has forecasted July sales of 1,100 units. The company maintains ending inventory equal to 55% of the current month's sales. July's beginning inventory was 900 units. What is June's required production?   200 Units   805 Units   1,105 Units   750 Units

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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XYZ Co. has forecasted July sales of 1,100 units. The company maintains ending inventory equal to 55% of the current month's sales. July's beginning inventory was 900 units. What is June's required production?

 

200 Units

 

805 Units

 

1,105 Units

 

750 Units

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