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QS 20-6 (Algo) Manufacturing: Production budget LO P1 Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending inventory
QS 20-6 (Algo) Manufacturing: Production budget LO P1 Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending inventory of finished units should be 50% of the next month's sales. The April 30 finished goods inventory is 110 units. Prepare the production budget for May
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