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A corporation manufactures and sells one product. Budgeted sales are as follows: table [ [ June , 4 0 , 0 0 0 ]
A corporation manufactures and sells one product. Budgeted sales are as follows:
tableJuneJulyAugustSeptemberOctoberNovemberDecember
Management likes to maintain a finished goods inventory equal to of the next month's estimated sales.
Required:
Prepare the company's production budget for the third quarter of this year.
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