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Blue Wave Company budgets the following unit sales for the next four months: September, 3,800 units: October, 4,300 units; November, 6,700 units; and December, 8,500
Blue Wave Company budgets the following unit sales for the next four months: September, 3,800 units: October, 4,300 units; November, 6,700 units; and December, 8,500 units. The company's policy is to maintain finished goods inventory equal to 70% of th next month's unit sales. At the end of August, the company had 2,660 finished units in inventory. Prepare a production budget for each of the months of September October, and November. October November BLUE WAVE COMPANY Production Budget September Budgeted sales units Add: Desired ending inventory Next period budgeted sales units % Desired ending inventory units Total required units Less: Beginning inventory units Units to produce 9 nd
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