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The projected monthly sales for ABC Company for the first four months of the year 2008 are: January, 10,000 units; February, 15,000 units; March, 20,000
The projected monthly sales for ABC Company for the first four months of the year 2008 are: | ||||||||||||||||
January, 10,000 units; February, 15,000 units; March, 20,000 units; and April, 24,000 units. Finished Goods Inventory on December 31, 2007, was 8,000 units. | ||||||||||||||||
Finished Goods Inventory on December 31, 2007, was 8,000 units. The company wants to have an ending monthly inventory of one-half of next month's estimated sales. | ||||||||||||||||
Required: Determine the company's production requirements for each month of the first quarter. | ||||||||||||||||
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