Garcia Corporation's April sales forecast projects that 5,000 units will sell at a price of $10.50 per unit. The desired ending inventory is 30% higher than the beginning inventory of 1,000 units. Budgeted purchases in April would be:

A. 6,300 units.
B. 5,000 units.
C. 6,000 units.
D. 5,300 units.
E. None of the choices are correct.


Answer: D

Business

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