The following sales are predicted for a companys next four months Each months ending inventory of finished

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The following sales are predicted for a company’s next four months

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Each month’s ending inventory of finished goods should be 30% of the next month’s sales. At September 1, the finished goods inventory is 140 units. The budgeted production of units for October is

a. 572 units.

b. 560 units.

c. 548 units.

d. 600 units.

e. 180 units.

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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