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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 13,910, May 16,800, and June
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,910, May 16,800, and June 21,100. Marlow Companys ending finished goods inventory policy is 10% of the following months sales. Marlow plans to sell 16,700 units in May. What is budgeted ending inventory for March?
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