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Ryujin Company expects to manufacture and sell 30,000 baskets in 2019 for P5 each. There are 4,000 baskets in beginning finished goods inventory with target

image text in transcribed Ryujin Company expects to manufacture and sell 30,000 baskets in 2019 for P5 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 9,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement

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