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Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,300, May 16,500, and June
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,300, May 16,500, and June 21,800. Marlow Company's ending finished goods inventory policy is 10% of the following months sales. Marlow plans to sell 16,000units in May. What is budgeted ending inventory for March? 1,330 1,300 1,030 1,650
1,330
1,300
1,030
1,650
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