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Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,900 units; October 4,700 units; November, 6,900 units; and December, 7,600

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Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,900 units; October 4,700 units; November, 6,900 units; and December, 7,600 units. The company's policy is to maintain finished goods inventory equal to 70% of the next month's sales. At the end of August, the company had 3,400 finished units on hand. Prepare a production budget for each of the months of September, October, and November November % Blue Wave Co. Production Budget September, October and November September October Next month's budgeted sales (units) 4,700 Ratio of inventory to future sales % % Budgeted ending inventory (units) Add: Budgeted sales (units) Required units to be produced 0 Less: Beginning inventory (units) Units to be produced 0 0 0 0

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