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

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
Section: Chapter Questions
Problem 1EA: Blue Book printing is budgeting sales of 25,000 units and already has 5,000 in beginning inventory....
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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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