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Hospitable Co. provides the following sales forecast for the next four months: The company wants to end each month with ending finished goods inventory equal
Hospitable Co. provides the following sales forecast for the next four months: The company wants to end each month with ending finished goods inventory equal to 20% of next month's sales. Finished goods inventory on April 1 is 122 units. Assume July's budgeted production is 650 units. Prepare a production budget for the months of April, May, and June
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