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Garver Industries has budgeted the following unit sales: 2020 January February March April May Units 10,000 8,000 9,000 11,000 15,000 The finished goods units on
Garver Industries has budgeted the following unit sales: 2020 January February March April May Units 10,000 8,000 9,000 11,000 15,000 The finished goods units on hand on December 31, 2019, was 2,000 units. E n it requires 3 pounds of raw materials that ar pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month! maintaining a raw materials inventory at the end of each month equal to 30% of the pounds needed for the following month's p materials on hand at December 31, 2019 (a) For the first quarter of 2020, prepare a production budget. GARVER INDUSTRIES Production Budget For the Quarter Ended March 31, 2020 January February March Total Click If you would like to Show Work for this question Open Show Work MacBook
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