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The following table represents Delta Company's production budget.Delta's inventory policy is to have ending inventory equal to 20% of next month's sales. April May Desired
The following table represents Delta Company's production budget.Delta's inventory policy is to have ending inventory equal to 20% of next month's sales.
April | May | |
Desired ending inventory | ? | ? |
Beginning inventory | 240 | ? |
Budgeted sales | 1200 | 2000 |
Budgeted production | ? | 1900 |
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