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QUESTION 16 TEBO produces pies. The projected sales for the four quarters of the new year are as follows: QTR 1: 40,000 OTR 2: 80.000

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QUESTION 16 TEBO produces pies. The projected sales for the four quarters of the new year are as follows: QTR 1: 40,000 OTR 2: 80.000 QTR 3: 90,000 QTR 4: 100,000 Sunny desires to maintain monthly ending inventory equal to 20% of next months expected sales The beginning balance in QTR1 was 5,000. The following is the framework the firm uses for budgeting unit activity: Activity QTR 1 QTR 2 Sales 40,000 80,000 Add: Desired Ending Total Needs Less: Beginning Inventory 1 Units to Produce Fill out the table values for QTR1 and OTR2. An acceptable format for your answers would be xxx.xx. Do not include the word units in your response. An example using this format would be 187,000 If your answer is zero, the acceptable format would be 0. Do not include decimals in response. For example, 187,000.00 is not correct

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