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A sales budget is given below for one of the products manufactured by the Key Co. The inventory of finished goods at the end of

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A sales budget is given below for one of the products manufactured by the Key Co. The inventory of finished goods at the end of each month should 20% of the next month's sales. However, on December 31 the finished goods inventory totaled only 4,000 units. Required: Prepare a budget showing the quantity of switches to be produced each month for July, August and September and in total for the quarter

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