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help me w this please and thank you Exercise 20-6 (Algo) Manufacturing: production budgets LO P1 Electro Company manufactures transmissions for electric cars. Management reports
help me w this please and thank you
Exercise 20-6 (Algo) Manufacturing: production budgets LO P1 Electro Company manufactures transmissions for electric cars. Management reports ending finished goods inventory for the first quarter at 113,100 units. The following unit sales are budgeted during the rest of the year: second quarter, 377,000 units; third cuarter. 309,000 units; and fourth quarter, 487,500 units. Company policy calls for the ending finished goods inventory of a quarter to equal 30% of the next quarter's budgeted unit sales. Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture Step by Step Solution
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