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A Management Accounting student has been tasked to produce a production volume budget for a company. They have been provided the following information Sales
A Management Accounting student has been tasked to produce a production volume budget for a company. They have been provided the following information Sales for January, February and March have been forecast to be 5000,7000 and 8600 respectively Inventories of finished goods January 4,500 The closing inventory of finished goods at the end of January, February and March must be equal to 45% of the forecast sales for the following month Sales in April is expected to be 9000 units Production in May is expected to be 5600 units Required Complete the working for the production budget below Production Volume Budget January February March April Opening Stock Closing Stock ProductionVolume
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