Use the Following Information for the Next 2 Questions

question 111

Multiple Choice

Use the following information for the next 2 questions.
Ray Company's projected sales budget for the next four months is as follows: Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales.
-How many units should the company produce in January?

• A) 106,000
• B) 90,000
• C) 70,000
• D) 78,000

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Closed Questions

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