6. Penke Company has projected sales for next month to be 10,000 and expects that sales will...

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6. Penke Company has projected sales for next month to be 10,000 and expects that sales will increase by 10% each month over the next year. Penke’s policy is to carry finished goods inventory equal to 10% of the following month’s sales.

Prepare a production budget for each of the next 3 months.

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