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LEO Inc, manufactures and sells rock climbing gear LEO's management team needs to estimate upcoming production for climbing himnesses. The hamsses are sold individually for
LEO Inc, manufactures and sells rock climbing gear LEO's management team needs to estimate upcoming production for climbing himnesses. The hamsses are sold individually for Sugo to retailers like REI and Moosejaw. The team feels that it should maintain inventory levels at 8% of the following month's sales LEO's budgeted sales are below: Harnesses to be sold October 30.000 Harnesses November 33.000 Harnesses December 30.300 Harnesses January 27.000 Harnesses February 27.000 Harnesses How many harnesses should LEO plan to produce in December? harnesses LEO's retail customers typically buy climbing gear on account LEO's policy requires customers to pay for 30% of their purchases in the month of the sate, and the remainder in the morth following the sale How much cash should LEO expect to collect in December? What should LEO expect the balance of Accounts Receivable to be at the end of November? LEO Inc. manufactures and sells rock climbing gear LEO's management team needs to estimate upcoming production for climbing harnesses. The messes are sold individually for Soto retailers like REI and Moosejaw The team feels that it should maintain inventory level of the following months sales LEO's budgeted sales are below Harnesses to be sold October 30.000 Harnesses November 33.000 Harnesses December 36 300 Harnesses January 27.000 Harnesses February 27.000 Harnesses How many harnesses should LEO plan to produce in December? hanses LEO's retail customers typically buy climbing gear on account LEO's policy requires customers to pay for 30% of their purchases in the month of the sale, and the remainder in the month following the sale How much cash should LEO expect to collect in December? What should LEO expect the balance of Accounts Receivable to be at the end of November
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