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Papa Joe, Inc., is preparing its budget for the second quarter of the calendar year. The following unit sales and production data have been forecasted:
Papa Joe, Inc., is preparing its budget for the second quarter of the calendar year. The
following unit sales and production data have been forecasted:
Desired ending inventory each month: 30% of next month's sales (in units)
Required
:
(a) How many units should be budgeted for production in June?
(b) How many units should be budgeted for production in the second quarter?
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