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stuck on this one, pls help! 5 points At January 1. Butch Corp. has beginning inventory of 3,334 surfboards. Butch estimates it will sell 6,105
stuck on this one, pls help!
5 points At January 1. Butch Corp. has beginning inventory of 3,334 surfboards. Butch estimates it will sell 6,105 units during the first quarter of the year with a 25% increase in sales each quarter. Butch's policy is to maintain an ending inventory equal to 40% of the next quarter's sales. Each surfboard costs $126 and is sold for $220. How much is budgeted sales revenue for the fourth quarter of the year? Round answer to nearest whole dollar Step by Step Solution
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