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Schultz Company expects to sell 30,000 baskets in 2014 for $2 each. There are 3,000 baskets in beginning finished goods inventory with target ending inventory
Schultz Company expects to sell 30,000 baskets in 2014 for $2 each. There are 3,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. What amount of sales revenue will be reported on the 2014 budgeted income statement? O A. $62,000 O B. $68,000 O C. $58,000 O D. $60,000
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