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7. Based on the following production and sales estimates for May, prepare the sales and production budgets: Estimated beginning inventory (units), May 1 18,000 Desired

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7. Based on the following production and sales estimates for May, prepare the sales and production budgets: Estimated beginning inventory (units), May 1 18,000 Desired ending inventory (units), May 31 21,600 Expected sales volume (units): Area W Area X Area Y 6,000 7,000 8,000 Unit sales price $20

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