Blue Wave Company budgets the following unit sales for the next four months: September, 3,200...
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Accounting
Blue Wave Company budgets the following unit sales for the next four months: September, units; October, units; November, units; and December, units. The company's policy is to maintain finished goods inventory equal to of the next month's unit sales. At the end of August, the company had finished units in inventory.
Prepare a production budget for each of the months of September, October, and November.
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