Question
1.Lakers Company produces fishing rods. Budgeted sales for March are 10,600 units. Beginning finished goods inventory in March is budgeted to be 1,900 units, and
1.Lakers Company produces fishing rods. Budgeted sales for March are 10,600 units. Beginning finished goods inventory in March is budgeted to be 1,900 units, and ending finished goods inventory is budgeted to be 1,800 units. How many units will be produced in March?
2.Superior Inc. produces leather jackets for kids. The production budget for the next four months is: July 5,300 units, August 7,300 units, September 7,700 units, October 8,700 units. Each jacket requires 0.3 square meters of leather. Superior Inc.'s leather inventory policy is 35% of next month's production needs. On July 1 leather inventory was expected to be 1,000 square meters. How much leather purchase (in square meters) will be budgeted for the month of August?
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