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[The following information applies to the questions displayed below.] A company makes one product and has provided the following information to help prepare the master

[The following information applies to the questions displayed below.]

A company makes one product and has provided the following information to help prepare the master budget.

  • The budgeted selling price per unit is $70. Budgeted unit sales for January, February, March and April are 8,500, 16,000, 18,000, and 19,000 units, respectively. All sales are on credit.

  • Forty percent of credit sales are collected in the month of the sale and 60% in the following month.

  • The ending finished goods inventory equals 20% of the following months unit sales.

4. According to the production budget, calculate the number of units that should be produced in February.

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Required information (The following information applies to the questions displayed below.) A company makes one product and has provided the following information to help prepare the master budget The budgeted selling price per unit is $70. Budgeted unit sales for January, February, March and April are 8,500,16,000, 18,000, and 19,000 units, respectively. All sales are on credit. . Forty percent of credit sales are collected in the month of the sale and 60% in the following month. The ending finished goods inventory equals 20% of the following month's unit sales. 4. According to the production budget, calculate the number of units that should be produced in February Required production units

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