Love company's sales budget shows quarterly sales for the next year as follows: Unit...
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Accounting
Love company's sales budget shows quarterly sales for the next year as follows:
Unit sales
Quarter 1.....10,000 units
Quarter 2......8,000 units
Quarter 3......12,000 units
Quarter 4.......14,000 units
Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarters sales. Budgeted production for the second quarter of the next year would be???
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