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Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory equal to 136 percent of the average monthly sales for its main
Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory equal to 136 percent of the average monthly sales for its main product. Sales for the following year are expected to be 936,000 units. Based on the inventory policy, the budget calls for the production of 946,000 units. Required: What is the beginning inventory of the component?
What is the beginning inventory of the component?
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