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The marketing department of Jamal Corporation has submitted the following sales forecast for the upcoming fiscal y 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
The marketing department of Jamal Corporation has submitted the following sales forecast for the upcoming fiscal y 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 11,000 12,000 14,000 13,000 The selling price of the company's product is $18.00 per unit. The company expects to start the first quarter with 1,650 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter's budgeted The desired ending finished goods inventory for the fourth quarter is 1.850 units. What is the budgeted production for the 2nd Quarter? 4
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