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Albuquerque LLC wants to anticipate the Units of Production needed for the upcoming year. Albuquerque has the following information: Quarter 1: Sales of 5,000 units;
Albuquerque LLC wants to anticipate the Units of Production needed for the upcoming year. Albuquerque has the following information: Quarter 1: Sales of 5,000 units; estimated Beginning Inventory for the quarter was determined to be 1,000 units, desired Ending Inventory should be equal to 20% of the following quarter's sales. Quarter 2: Sales of 9,000 units, desired Ending Inventory should be equal to 20% of the following quarter's sales. Quarter 3: Sales of 10,000 units; desired Ending Inventory should be equal to 20% of the following quarter's sales. Quarter 4: Sales of 12,000 units; desired ending inventory for 4th quarter will be 2,000 units. What will be their total budgeted Units of Production Needed for next year?
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
3rd Canadian edition
978-1118727737, 1118727738, 978-1118033890
