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The marketing department of Jamal Corporation has submitted the following sales forecast for the upcoming fiscal year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarte
The marketing department of Jamal Corporation has submitted the following sales forecast for the upcoming fiscal year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarte 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 sales. The desired ending finished goods inventory for the fourth quarter is 1,850 units. What is the budgeted production for the 1st Quarter? The marketing department of Jamal Corporation has submitted the following sales forecast for the upcoming fiscal year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarte ales 11,000 12,000 14,000 13,000 le company's product is $18.00 per unit. 13,850 units ito start the first quarter with 1,650 units in ory 11,150 units an ending finished goods inventory in each of the next quarter's budgeted sales. 12,300 units ished goods inventory for the fourth quarter 12,900 units production for the 1st Quarter
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