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What is the production budgeted for the second quarter? Company policy is to have a finished goods inventory at the end of each quarter equal
What is the production budgeted for the second quarter? Company policy is to have a finished goods inventory at the end of each quarter equal to 18 percent of the next quarter's sales. The sales budget for Your Company's projected quarterly sales for next years as follows: Quarter 1: Quarter 2: Quarter 3: Quarter 4: 24,340 44,000 units 22,000 units 35,000 units 18,000 units 19,660 31,940 38,060
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