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Question
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.
Answer
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