Champ Incorporated budgets the following sales in units for the coming two months. Each months...
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Accounting
Champ Incorporated budgets the following sales in units for the coming two months. Each months ending inventory of finished units should be 50% of the next months sales. The April 30 finished goods inventory is 120 units.
May
June
Budgeted sales units
240
210
Prepare the production budget for May.
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