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A Corporation has budgeted sales (in units) for the year as follows: Year 1 (sales in number of toy trains) QTR 1 16,000 QTR 2
A Corporation has budgeted sales (in units) for the year as follows:
Year 1 (sales in number of toy trains)
QTR 1 16,000
QTR 2 14,000
QTR 3 12,000
QTR 4 10,000
YEAR 2 QTR 1 15,0000
The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. Therefore, what should be the scheduled production quantity for each quarter of Year 1?
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