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Veritas Games, Inc. budgeted the sales of its newest game as follows: Unit Sales January...................25,000 February.................32,000 March......................40,000 April.........................37,000 The desired ending inventory of games must
Veritas Games, Inc. budgeted the sales of its newest game as follows:
Unit Sales
January...................25,000
February.................32,000
March......................40,000
April.........................37,000
The desired ending inventory of games must equal 10% of the next month's sales. The inventory at the end of December was 4,000 units. Prepare a production budget for the first quarter by month and in total for the quarter
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