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Question 2 (of 6) Save & Exit Submit 2. value: 3.33 points Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory
Question 2 (of 6) Save & Exit Submit 2. value: 3.33 points Flex-Tite manufactures plastic parts. The inventory policy at Flex-Tite is to hold inventory equal to 137% of the average monthly sales for its main product. Sales for the following year are expected to be 942,000 units. Based on the inventory policy, the budget calls for the production of 952,000 units. Required: What is the beginning inventory of the component? (Do not round intermediate calculations.) Beginning inventory in units References eBook & Resources Worksheet Difficulty: 1 Easy Learning Objective: 13-04 Develop production and cost budgets. Check my work
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