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Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 14,065, May 16,800, and
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 14,065, May 16,800, and June 21,200. Marlow Company's ending finished goods inventory policy is 15% of the following month's sales. Marlow plans to sell 16,700 units in May. What is budgeted ending inventory for March? Multiple Choice 2,520 2110 1635 2,040
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