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The company expects to start the first quarter with 2 , 5 6 0 units in finished goods inventory. Management desires an ending finished goods
The company expects to start the first quarter with units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to of the next quarters budgeted sales. The desired ending finished goods inventory for the fourth quarter is units.
Required:
Calculate the estimated sales for each quarter and for the year as a whole.
Calculate the expected cash collections for each quarter and for the year as a whole.
Calculate the required production in units of finished goods for each quarter and for the year as a whole.
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