Vermicelli Company plans to sell 390,000 units of finished product in July and anticipates a...
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Accounting
Vermicelli Company plans to sell 390,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending Inventory in units of finished product is 80% of the next month's estimated sales. There are 340,000 finished units in inventory on June 30. Vermicelli Company's production requirement in units of finished product for the three month period ending September 30 is: (CMA adapted) Multiple Choice 1337644 units 1.229.475 units 1342,300 units 1250 654 units
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