Mounds Company has provided you with the following sales data. The company requires that 5% of the next month's sales be on hand at the end of each month.Budgeted production for October would be
A)30,000.
B)31,000.
C)31,500.
D)35,000.

Question

Mounds Company has provided you with the following sales data.  The company requires that 5% of the next month's sales be on hand at the end of each month.Budgeted production for October would be
A)30,000. 
B)31,000. 
C)31,500. 
D)35,000.

Quizplus · Accepted Answer

The Answer of Mounds Company has provided you with the following sales data.  The company requires that 5% of the next month's sales be on hand at the end of each month.Budgeted production for October would be
A)30,000. 
B)31,000. 
C)31,500. 
D)35,000.

Mounds Company Has Provided You with the Following Sales Data