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2. Chapter 8: Production Budget Budgeted Sales: January = 50,000 units, February 20,000 units Beginning units in January Inventory equals 4,000. Company policy is
2. Chapter 8: Production Budget Budgeted Sales: January = 50,000 units, February 20,000 units Beginning units in January Inventory equals 4,000. Company policy is to have 30 percent of the following month's sales (units) in the ending inventory each month. Required: Prepare a production budget for the month of January.
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