Nano, Inc Is Preparing Its Budget for the Second Quarter

Essay

Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted: $\begin{array}{lr}&\text { April }&\text { May }&\text { June }&\text { July }&\text { August }\\ \text { Sales in units }&640&720&780&620&660\end{array}$

Additional information follows:
$\begin{array}{ll}\text { Inventory on March 31: } & 192 \text { units } \\\text { Desired ending inventory each month: } & 30 \% \text { of next month's }\\&\text { sales }\end{array}$
How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?