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Reeves Company is preparing its master budget for July. Use the given estimates to determine the amounts necessary for each of the following requirements. (Estimates
Reeves Company is preparing its master budget for July. Use the given estimates to determine the amounts necessary for each of the following requirements. (Estimates may be related to more than one requirement.) a. What should total sales revenue be if territories A and B estimate sales of 9,000 and 20,000 units, respectively, and the unit selling price is $52? $Answer 1,508,000 b. If the beginning finished goods inventory is an estimated 1,500 units and the desired
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