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3.) Production Budget Sigmund Company manufactures filing cabinets. The company estimated there will be 1,000 units in inventory at the beginning of 2019. Sigmund wants
3.) Production Budget Sigmund Company manufactures filing cabinets. The company estimated there will be 1,000 units in inventory at the beginning of 2019. Sigmund wants to have half of that amount in its inventory at the end of 2019. Based on the forecasted sales, 60,000 filing cabinets will be sold during the year. Required: Prepare a production budget for 2019
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