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plan? 6-37. REVENUE AND PRODUCTION BUDGETS. (CPA, adapted) The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019, Chen's budget department

plan? 6-37. REVENUE AND PRODUCTION BUDGETS. (CPA, adapted) The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019, Chen's budget department gathered the following data to prepare budgets for 2020: 2020 Projected Sales Price Units Product $160 69,000 Thingone $258 44,000 Thingtwo 2020 Inventories in Units Product Thingone Thingtwo Expected Target January 1, 2020 December 31, 2020 24,000 29,000 7,000 8,000

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