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Current Attempt in Progress Vaughn Manufacturing estimates its sales at 280000 units in the first quarter and that sales will increase by 25000 units for
Current Attempt in Progress Vaughn Manufacturing estimates its sales at 280000 units in the first quarter and that sales will increase by 25000 units for each subsequent quarter over the year. The company has, and desires, an ending finished goods inventory equal to 25% of next quarter's sales. Each unit sells for $25.40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is collected in the quarter following sale. Production in units for the third quarter should be budgeted at 321250. 336250. 418750. 330000. eTextbook and Media Save for Later Attempts: 0 of 1 used Submit
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