Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory equal to 130 percent
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Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory equal to 130 percent of the average monthly sales for its main product. Sales for the following year are expected to be 900,000 units. Based on the inventory policy, the budget calls for the production of 930,000 units.
Required
What is the beginning inventory of the component?
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259969478
6th edition
Authors: William N. Lanen, Shannon Anderson, Michael W Maher
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