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Champ Incorporated budgets the following sales in units for the coming two months. Each months ending inventory of finished units should be 70% of the
Champ Incorporated budgets the following sales in units for the coming two months. Each months ending inventory of finished units should be 70% of the next months sales. The April 30 finished goods inventory is 161 units.
May | June | |
---|---|---|
Budgeted sales units | 230 | 210 |
Prepare the production budget for May.
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