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The production manager of Miller Enterprise plans to have an inventory on hand at the...

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Accounting

The production manager of Miller Enterprise plans to have an inventory on hand at the end of each month that will equal 150% of the next month's sales. This requirement is met at the ed of February. A sales budget for the four months ending June 30th is as follows.

March 30,000

April 50,000

May 80,000

June 40,000

1. Prepare a production budget for April and May.

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