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Swifty Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for
Swifty Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022. Switty has a labor contract that calls for a wage increase to $7.0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Switty expects to begin the year with 19,008 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. Prepare a production budget for Swifty Company by month and for the first quarter of the vear. (b) The parts of this question must be completed in order. This part will be avallable when you complete the part above
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