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Hardy, Inc., has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month
Hardy, Inc., has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 contained 1, 640 units. The company needs to prepare a production budget for the next five months. The beginning inventory for September should be: 940 units 720 units 1, 640 units 520 units The total number of units produced in July should be: 7, 240 units 6, 620 units 6, 300 units 5.980 units
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