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This is a Budgeting Question, PLEASE SHOW THE WORKING SO I CAN UNDERSTAND AND LEARN. Thank You! BUDGETING - ADVANCED INVENTORY MANAGEMENT Tony Amonte Pty
This is a Budgeting Question, PLEASE SHOW THE WORKING SO I CAN UNDERSTAND AND LEARN. Thank You!
BUDGETING - ADVANCED INVENTORY MANAGEMENT Tony Amonte Pty Ltd has budgeted sales for the coming months as follows: January February March Create new question 290,000 230,000 270,000 500,000 390,000 April May Tony wants to avoid losing customers because of production hold-ups. In future, the company will maintain a finished goods inventory on hand equal to one-quarter (25%) of the following month's budgeted sales. At 31 December the company had finished goods stock of 10,000 units. REQUIRED: What is Tony's total budgeted production for the three months Jan, Feb, March? unitsStep by Step Solution
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