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Tyler Co. Production Budget April, May and June April May June Next months budgeted sales (units) % % % 0 0 0 Units to be
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Tyler Co. predicts the following unit sales for the next four months: April, 3,600 units; May, 4,700 units; June, 6,700 units; and July, 3,000 units. The companys policy is to maintain finished goods inventory equal to 20% of the next months sales. At the end of March, the company had 700 finished units on hand. Prepare a production budget for each of the months of April, May, and June.
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