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A sales budget is given below for one of the products manufactured by the Key Co.: Sales Budget in Units January 20,000 February 35,000 March

A sales budget is given below for one of the products manufactured by the Key Co.: Sales Budget in Units January 20,000 February 35,000 March 60,000 April 40,000 May 30,000 June 25,000 The inventory of finished goods at the end of each month must equal 17% of the next months sales. On December 31, the finished goods inventory totaled 3,400 units. Each unit of product requires three specialized electrical switches. Since the production of these specialized switches by Keys suppliers is sometimes irregular, the company has a policy of maintaining an ending inventory at the end of each month equal to 36% of the next months production needs. This requirement had been met on January 1 of the current year. Required: Prepare a production plan for January, February, March and April. (Input all amounts as positive values.) January February March April Total needs Units to be produced Calculate the quantity of switches to be purchased each month for January, February, March and in total for the quarter. (Input all amounts as positive values.) January February March Quarter Total needs Required purchases

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