“The Carlquist Company makes and sells a product called Product K. Each unit of Product K sells for $24 dollars and has a unit variable cost of $18. The company has budgeted the following data for November: I. Sales of $1,152,000, all in cash. II. A cash balance on November 1 of $48,000. III. Cash disbursements (other than interest) during November of $1,160,000. IV. A minimum cash balance on November 30 of $60,000. If necessary, the company will borrow cash from a bank. The borrowing will be in multiples of $1,000 and will bear interest at 2% per month. All borrowing will take place at the beginning of the month. The November interest will be paid in cash during November.92. The number of units of Product A budgeted to be sold during November is: a. 48,000 units b. 38,000 units c. 64,000 units. d. 48,500 units.”,”1Number of units budgeted to be sold in November: = Sales / Unit sales price= 1,152,000 / 24 = 48
000 units”