QS 20-7 (Algo) Manufacturing: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted...
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QS 20-7 (Algo) Manufacturing: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 40% of the next month's unit sales. As of June 30 , the company has 1,360 finished surfboards in inventory. Prepare the production budget for the months of July and August
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QS 20-7 (Algo) Manufacturing: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 40% of the next month's unit sales. As of June 30 , the company has 1,360 finished surfboards in inventory. Prepare the production budget for the months of July and August 