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Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September Sales in units 50,000 62,000 ? Production in units
Frolic Corporation has budgeted sales and production over the next quarter as follows:
July | August | September | |||||||
Sales in units | 50,000 | 62,000 | ? | ||||||
Production in units | 50,200 | 62,300 | 66,650 | ||||||
The company has 6,000 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 81,500 units. Budgeted sales for September would be (in units): (Round your intermediate calculations to 2 decimal places.)
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