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Question 2(CLO5) (5 Marks) Berol Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of
Question 2(CLO5) (5 Marks) Berol Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 150,000 finished units in inventory on June 30. INSTRUCTIONS: Prepare the production budget from July up to the end of September.
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
7th edition
978-0077632427, 77632427, 78025656, 978-0078025655
