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Industries sales budget shows quarterly sales for the next year as follows: Quarter 1 - 15,000 Quarter 2 - 13,000 ; Quarter 3 - 17,000
Industries sales budget shows quarterly sales for the next year as follows:
Quarter 1 - 15,000
Quarter 2 - 13,000
;
Quarter 3 - 17,000
;
Quarter 4 - 19,000
.
Company policy is to have a target finished-goods inventory at the end of each quarter equal to
10 %
of the next quarter's sales. Budgeted production for the second quarter of next year would be:____________
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