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33. Slick Company produces jump ropes. Slick Company has the following sales projections for the upcoming year: First quarter budgeted jump rope sales in units
33.
Slick Company produces jump ropes. Slick Company has the following sales projections for the upcoming year: First quarter budgeted jump rope sales in units 24,000 Second quarter budgeted jump rope sales in units 40,000 Third quarter budgeted jump rope sales in units 17,000 Fourth quarter budgeted jump rope sales in units 34,000 Inventory at the beginning of the year was 3,500 jump ropes. Slick Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter. How many jump ropes should Slick Company produce during the first quarter? O A. 31,500 O B. 24,000 O C. 24,500 O D. 20,500Step by Step Solution
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