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Budget Assignment Wreaths-R-Us manufactures two models of artificial holiday wreaths. Based on the following production and sales data for December 2019, prepare (a) sales budget
Budget Assignment
Wreaths-R-Us manufactures two models of artificial holiday wreaths. Based on the following production and sales data for December 2019, prepare (a) sales budget and (b) a production budget. 24" Wreath 30" Wreath 1,500 1,600 150 150 Estimated inventory (units), December 1 Desired inventory (units, December 31 Expected sales volume (units): North region South region Unit sales price 4,000 2,500 $30 4,800 2,600 $40 Step by Step Solution
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