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Mary's Baskets Company expects to manufacture and sell 20,000 baskets in 2020 for $5 each. There are 2,000 baskets in beginning finished goods inventory with

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Mary's Baskets Company expects to manufacture and sell 20,000 baskets in 2020 for $5 each. There are 2,000 baskets in beginning finished goods inventory with target ending inventory of 2,000 baskets. The company keeps no work in process inventory. What amount of sales revenue will be reported on the 2020 budgeted income statement? A. $90,000 B. $50,000 C. $110,000 OD. $100,000

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