Gordons Gardening World supplies two varieties of citrus trees, Grapefruit and Lime. The projected operating data for

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Gordon’s Gardening World supplies two varieties of citrus trees, Grapefruit and Lime. The projected operating data for the month of September are as follows:





Grapefruit


Lime

Estimated beginning inventory (trees)

Estimated September sales (trees)

Desired ending inventory (trees)



20 700

54 600

22 800


23 200

68000

21600



Required

Prepare a production budget for September

Ending Inventory
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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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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