(Answered) Question - the budgeted sales of the tar heels for the

Accounting

Question - The budgeted sales of the Tar Heels for the first seven months of 2013 are:

Month - Unit Sales

January 190,000

February 220,000

March 260,000

April 270,000

May 240,000

June 300,000

July 265,000

Beginning inventory for 2014 is 68,000 units. The budgeted inventory at the end of each month is 40 percent of units to be sold the following month.

Required: Prepare a budget in units only for each month, January through June.

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