Forrest Company manufactures phone chargets and has a policy that ending inventory should equal 10%...
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Accounting
Forrest Company manufactures phone chargets and has a policy that ending inventory should equal 10% of the next month's budgeted unit sales. Octobel's ending inventory equals 40,000 units. November and December sales are budgeted to be 400,000 units and 350,000 units, respectively. Prepare the production budget for November
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