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Hardy, Inc

Question 25

Multiple Choice

Hardy, Inc., has budgeted sales in units for the next five months as follows: Hardy, Inc., has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 contained 1,640 units. The company needs to prepare a production budget for the next five months. -The beginning inventory for September should be: A) 940 units B) 720 units C) 1,640 units D) 520 unitsPast experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 contained 1,640 units. The company needs to prepare a production budget for the next five months.
-The beginning inventory for September should be:


A) 940 units
B) 720 units
C) 1,640 units
D) 520 units

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