Manufacturers often set production budgets as follows: expected costs of producing the estimated units to be sold

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Manufacturers often set production budgets as follows: expected costs of producing the estimated units to be sold plus desired ending inventory less beginning inventory of finished units. Extra inventory can be expensive, so why would companies plan to have additional units in ending inventory?

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Managerial Accounting

ISBN: 9780137689453

1st Edition

Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope

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