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answer please The Boswell Corporation forecasts its sales in units for the next four months as follows: Boswell maintains an ending inventory for each month
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The Boswell Corporation forecasts its sales in units for the next four months as follows: Boswell maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $5 per unit and are paid for in the month after production. Labour cost is $9 per unit and is paid for in the month incurred. Fixed overhead is $15,500 per month. Dividends of $20,700 are to be paid in May. Twelve thousand units were produced in February. a. Complete a production schedule for March, April, and May. (Enter all values as positive value.) b. Complete a summary of cash payments for March, April, and May Step by Step Solution
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