Maki plans to sell 10,000 units of a particular product during July, and expects sales to increase at the rate of 10% per month during the remainder of the year. The June 30 and September 30 ending inventories are anticipated to be 1,100 units and 950 units, respectively. On the basis of this information, how many units should Maki purchase for the quarter ended September 30? 32,150, 32,950, 32,250, 32,850, Non of the above answer is correct

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Answer:

Option (B) is correct.

Explanation:

Sales in July = 10,000 units

Sales in August = 10,000 + 10% of 10,000

                          = 10,000 + 1,000

                          = 11,000 units

Sales in September = 11,000 + 10% of 11,000

                                 = 11,000 + 1,100

                                 = 12,100 units

Total units will be sold:

= July sales + August sales + September sales

= 10,000 + 11,000 + 12,100

= 33,100 units

Purchase for the quarter ended September 30:

= Total units will be sold - Ending inventory of June + Ending inventory of September

= 33,100 - 1,100 + 950

= 32,950 units

The units that Maki should purchase for the 32,950 units ended September 30 is  32,950 units.

Correct option is B.

What is inventory?

Inventory is also known as the stock. It refers to each particular, goods, merchandise, and matters or materials that is contained by a business for selling in the market to realize a profit.

Computation of units purchased by Maki:

According to the given information,

July's Sales = 10,000 units

[tex]\text{August's Sales} = \text{July's Purchase + 10\% of July's Sales}\\\\\text{August's Sales} = 10,000+10\% \times 10,000\\\\\text{August's Sales} = 11,000 \text{Units}[/tex]

Then,

[tex]\text{September's Sales} = \text{July's Sales + 10\% of July's Sales}\\\\\text{September's Sales} = 11,000 + 10\%\times 11,000\\\\\text{September's Sales} = 12,100 \text{Units}[/tex]

Now, total units will be sold:

[tex]\text{Total Units Sold}= \text{July Sales + August \Sales + September Sales}\\\\\text{Total Units Sold}= 10,000 + 11,000 + 12,100\\\\\text{Total Units Sold}= 33,100 \text{Units}[/tex]

Then, Purchase for the quarter ended September 30:

[tex]=\text{Total Units Will be Sold - Ending Inventory of June + Ending Inventory of September}\\\\=33,100 - 1,100 + 950\\\\=32,950 \text{Units}[/tex]

Therefore, option B is correct.

Learn more about the inventory, refer to:

https://brainly.com/question/14184995