Ending inventory of finished goods for each month is


Seebold, Inc., has budgeted sales and production over the next quarter as follows:


July

August

September

October

Sales in units

15,000

18,000

?

22,000

Production in units

15,900

18,900

21,300

-

On July 1, Seebold, Inc., has 4,500 units in finished goods. Ending inventory of finished goods for each month is budgeted to be 30% of the next month's budgeted sales in units. Calculate the budgeted unit sales for September.

a. 20,000.

b. 21,000.

c. 21,400.

d. 22,100.

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Accounting Basics: Ending inventory of finished goods for each month is
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