Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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