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Vermicelli Company plans to sell 400,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired
Vermicelli Company plans to sell 400,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 350,000 finished units in inventory on June 30.
Vermicelli Company's production requirement in units of finished product for the three-month period ending September 30 is: (CMA adapted)
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