Multiple Choice
Ruiz Co. provides the following unit sales forecast for the next three months: The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are:
A) 3,000 units.
B) 3,420 units.
C) 3,720 units.
D) 3,120 units.
E) 2,880 units.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: A merchandiser,provides the following information for its
Q49: Part of the budgeting process is summarizing
Q97: Trago Company manufactures a single product and
Q113: Flagstaff Company has budgeted July production of
Q180: The budgeted balance sheet is prepared primarily
Q185: The sales budget is derived from the
Q192: Operating budgets include all the following budgets
Q201: Bengal Co. provides the following unit sales
Q203: Todd Enterprises is preparing a cash budget
Q208: Lafayette Company's experience shows that 20% of