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Wright Lighting Fixtures forecasts its sales in unlts for the next four months as follows: Wight maintains an ending inventory for each month in the

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Wright Lighting Fixtures forecasts its sales in unlts for the next four months as follows: Wight maintains an ending inventory for each month in the amount of two and one-half times the expected sales in the foliowing month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $7 per unit and are paid for in the month after production. Labor cost is $11 per unit and is paid for in the month incurred Fixed overhead is $19,000 per month: Dividends of $21,400 are to be paid in May. The firm produced 19.000 units in February. Complete a production schedule and a summary of cash payments for March, April, and May. Remember that production in ary one month is equal to sales plus desired ending inventory mintus beginning inventory

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