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Mary's Baskets Company expects to manufacture and sell 21,000 baskets in 2020 for $7 each. There are 3,000 baskets in beginning finished goods inventory

Mary's Baskets Company expects to manufacture and sell 21,000 baskets in 2020 for $7 each. There are 3,000 baskets in beginning finished goods inventory with target ending inventory of 3,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2020 budgeted income statement? A. $126,000 B. $168,000 C. $147,000 D. $0

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