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Modern Goods Corporation has the following budgeted sales for the selected six-month period: There were 7, 500 units of finished goods in inventory at the

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Modern Goods Corporation has the following budgeted sales for the selected six-month period: There were 7, 500 units of finished goods in inventory at the beginning of January. Plans are to have an inventory of finished product equal to 20 percent of the unit sales for the next month

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