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Budgeted sales for Shalom Corporation for the first quarter the year are shown below: JANUARY FEBRUARY MARCH UNITS: 35,000 25,000 32,000 The company has
Budgeted sales for Shalom Corporation for the first quarter the year are shown below: JANUARY FEBRUARY MARCH UNITS: 35,000 25,000 32,000 The company has a policy that requires the ending inventory in each period to be 10 percent of the following period's sales. Assuming that the company follows this policy, what quantity of production should be scheduled for February? Budgeted sales for the first six months for Shalom Company are listed below: JANUARY FEBRUARY MARCH APRIL MAY JUNE UNITS: 5,000 6,000 9,000 8,000 6,000 5,000 Shalom Company has a policy of maintaining an inventory of finished goods equal to 30 percent of the next month's budgeted sales. If Shalom Company plans to produce 8,000 units in June, what are budgeted sales for July?
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To determine the quantity of production that should be scheduled for February we need to calculate the ending inventory for February and then use that ...Get Instant Access to Expert-Tailored Solutions
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