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The production manager of Miller Enterprise plans to have an inventory on hand at the end of each month that will equal 150% of the
The production manager of Miller Enterprise plans to have an inventory on hand at the end of each month that will equal 150% of the next month's sales. This requirement is met at the ed of February. A sales budget for the four months ending June 30th is as follows.
March 30,000
April 50,000
May 80,000
June 40,000
1. Prepare a production budget for April and May.
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