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Oriental Lamp Co. manufactures lamps. The estimated number of lamp sales for the last three months of 2020 are as follows: Units October 10,000 November

Oriental Lamp Co. manufactures lamps. The estimated number of lamp sales for the last three months of 2020 are as follows: Units

October 10,000

November 14,000

December 13,000

Finished Goods Inventory at the end of September was 3,000 units.

Ending Finished Goods Inventory is budgeted to equal 25% of the next months sales.

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