Multiple Choice
Garcia Corporation's April sales forecast projects that 5,000 units will sell at a price of $10.50 per unit.The desired ending inventory is 30% higher than the beginning inventory of 1,000 units.Budgeted purchases in April would be:
A) 5,000 units.
B) 6,000 units.
C) 5,300 units.
D) 6,300 units.
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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