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Ivanhoe Company estimates that unit sales will be 10,800 in quarter 1, 15,120 in quarter 2, 16,200 in quarter 3, and 19,440 in quarter 4.
Ivanhoe Company estimates that unit sales will be 10,800 in quarter 1, 15,120 in quarter 2, 16,200 in quarter 3, and 19,440 in quarter 4. The sales price is $70 per unit. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022. 3:0 eTextbook and Media IVANHOE COMPANY Production Budget 1 Quarter 2 IN Six Months
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