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Exercise 20-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,900 units; May, 4,000
Exercise 20-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,900 units; May, 4,000 units; June, 6,900 units; and July, 2,900 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,560 finished units in inventory. Prepare a production budget for each of the months of April, May, and June
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