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Happy Company has the following budgeted sales: Budgeted Sales in Units August 5 , 100 units September ????? units October ????? units November 4 ,
Happy Company has the following budgeted sales: Budgeted Sales in Units August 5,100 units September ????? units October ????? units November 4,300 units Past experience has shown that the ending finished goods inventory for each month should be equal to 30% of the next month's expected sales in units. Additionally, it is known that every unit produced requires three direct labor hours to make and direct laborers are paid $16 per hour. Assume that Happy Company pays 80% of its direct labor in the same month the employee works and pays the other 20% in the month after the employee works. At October 31, Happy Company reported budgeted salaries payable totaling $58,752. Calculate the number of units budgeted to be sold in October.
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