Mercurius sells bicycles. The following data relates to the most recent quarterly sales forecast:   Expected Sales (units) Target Inventory at End of Month (units) June  1,450 345 July 1,615 460 August 1,667 454 Mercurius' cost for one bicycle is $130.  How many units should the company purchase in August?

Principles of Accounting Volume 2
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Chapter7: Budgeting
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Problem 14EA: Halifax Shoes has 30% of its sales in cash and the remainder on credit. Of the credit sales, 65% is...
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Mercurius sells bicycles. The following data relates to the most recent quarterly sales forecast:

  Expected Sales (units) Target Inventory at End of Month (units)
June  1,450 345
July 1,615 460
August 1,667 454

Mercurius' cost for one bicycle is $130. 

How many units should the company purchase in August?
(Answer without comma separators, e.g., 1000 instead of 1,000)

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