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The sales budget for ABC Co is as follows. Prepare a Production Budget and answer the question below. Management desires ending finished goods inventory
The sales budget for ABC Co is as follows. Prepare a Production Budget and answer the question below. Management desires ending finished goods inventory equal to 20% of following month's sales. The beginning finished goods inventory for January is 1,000 units. January Sales in units 5,000 February 6,000 March April 8,000 7,000 The beginning finished goods inventory for March is: (your answer should include commas such as 5,200)
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