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The January 1, 2020, inventory of HD-240 is 1,300 units. Management wants an ending inventory each quarter that is equal to 30% of the next
The January 1, 2020, inventory of HD-240 is 1,300 units. Management wants an ending inventory each quarter that is equal to 30% of the next quarters sales. It expects sales in the first quarter of 2021 to be 20% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter for 2020.
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