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the question number. LEO Inc manufactures and sells rock climbing gear. LEO's management team needs to estimate upcoming production for climbing hamesses. The hamesses are

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the question number. LEO Inc manufactures and sells rock climbing gear. LEO's management team needs to estimate upcoming production for climbing hamesses. The hamesses are sold individually for $130 to retailers like REI and Moosejaw. The team feels that it should maintain inventory levels at 10% of the following month's sales LEO's budgeted sales are below Harnesses to be sold: October 45.000 Harnesses November 49.500 Harnesses December 54450 Harnesses January 40.500 Homesses February 40.500 Hamnesses How many harnesses should LEO plan to produce in December? harnesses LEO's retail customers typically buy climbing gear on account. LEO's policy requires customers to pay for 40% of their purchases in the month of the sale, and the remainder in the month following the sale. How much cash should LEO expect to collect in December? What should LEO expect the balance of Accounts Receivable to be at the end of November

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