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Fairway's April Sales Forecast Projects That 6,000 Units Will Sell

Question 51

Multiple Choice

Fairway's April sales forecast projects that 6,000 units will sell at a price of $10.50 per unit. The desired ending inventory is 30% higher than the beginning inventory, which was 1,000 units. Budgeted purchases of units in April would be:


A) 6,000 units.
B) 7,000 units.
C) 6,300 units.
D) 7,300 units.
E) Some other amount.

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