Which of the following is a drawback of mutual funds? a. There is no scope for financial diversification. b. The professional management touted by many funds does not come cheap. c. Most investors do not find a fund that is a good match based on their investment goals. d. Withdrawing funds from a mutual fund is extremely difficult.

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?