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

Budgeted Purchases

An estimate of the total value or quantity of goods a company plans to purchase over a specific period, typically part of the budgeting process.

Sales Forecast

Sales forecast is an estimate of the expected sales revenue for a particular period, based on historical data, market trends, and analysis.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.