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Please show all of your work. Thank you. Gertrude Products expects the following sales of its single product: Gertrude desires an ending finished goods inventory
Please show all of your work. Thank you.
Gertrude Products expects the following sales of its single product: Gertrude desires an ending finished goods inventory to be equal to 10% of the next month's sales needs. July 1 inventory is projected to be 800 units. Each unit requires 5 pounds of Chemical 1 A July 1 materials inventory includes 8, 600 pounds of Chemical A. Gertrude desires to maintain a Chemical A inventory equal to 20% of next month's production needs. a. Prepare a production budget for Gertrude from July through September b. Prepare a raw materials purchases budget for both Chemical A for the months of July-SeptemberStep by Step Solution
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