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Assymetric Baskets Company expects to manufacture and sell 64,000 baskets in 2020 for $8 each. There are 5,000 baskets in beginning finished goods inventory with
Assymetric Baskets Company expects to manufacture and sell 64,000 baskets in 2020 for $8 each. There are 5,000 baskets in beginning finished goods inventory with target ending inventory of 8,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2020 budgeted income statement?
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