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Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming year: 23,100 First quarter budgeted hula hoop sales in units

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Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming year: 23,100 First quarter budgeted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units Fourth quarter budgeted hula hoop sales in units 45,000 18,000 34,000 Jolly Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was 4200 hula hoops. How many hula hoops should Jolly Company produce during the first quarter? 23,100 36,300 18,900 27.900

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