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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 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 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 sales. The desired ending finished goods inventory for the fourth quarter is 1,850 units. What is the budgeted production for the 1st Quarter? 13,850 units 12,300 units 11,150 units 12,900 units Which of following
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