Projected unit sales for Astor Corp. for the last half of 2009 are Finished goods inventory on
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Finished goods inventory on June 30, 2009 is 7,400 units. The company tries to keep an ending inventory of 25 percent of the following months expected sales.
Required:
Prepare a production budget for the third quarter 2009.
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...
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