Problem

For the following questions, circle the best response.Seebold, Inc., has budgeted sales an...

For the following questions, circle the best response.

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

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. (Hint: Use the cost of goods sold model.)

a. 20,000.

b. 21,000.

c. 21,400.

d. 22,100.

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