Frolic Corporation has budgeted sales and production over the next quarter as follows: ...
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Accounting
Frolic Corporation has budgeted sales and production over the next quarter as follows:
July
August
September
Sales in units
50,000
62,000
?
Production in units
50,200
62,300
66,650
The company has 6,000 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 81,500 units. Budgeted sales for September would be (in units): (Round your intermediate calculations to 2 decimal places.)
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