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Leo Company estimates its sales at 120,000 units in the first quarter and that sales will increase by 10% each quarter over the year.
Leo Company estimates its sales at 120,000 units in the first quarter and that sales will increase by 10% each quarter over the year. They set their desired ending inventory of finished goods at 10% of next quarter's sales. Each unit sells for $35. Production in units for the third quarter should be budgeted at: O 147,972 145,200 143,748 146,652 O None of the above
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