Which of the following is the best description of the U. S. tax system? The federal income tax is regressive, but sales, property, and other taxes tend to be progressive. The U. S. tax system is consistently progressive. The federal income tax is progressive, but sales, property, and other taxes tend to be regressive. The U. S. tax system is consistently regressive

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?