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The Waverly Company has budgeted sales for the year as follows: Quarter sales in unit 1=12,000 2=14,000 3=18,000 4=16,000 The ending inventory of finished goods
The Waverly Company has budgeted sales for the year as follows: Quarter sales in unit 1=12,000 2=14,000 3=18,000 4=16,000 The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,000 units. Scheduled production for the second quarter (in units) is: The scheduled purchases of raw materials for the second quarter should be:
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