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Butterfly Industries has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month
Butterfly Industries has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month must be equal to 20% of the next month's sales in units. The inventory on May 31 contained 920 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units to be produced in July is: Multiple Choice 7,160 units 8,680 units 7,600 units 7,925 units
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