Budgeted sales for the second quarter for Max&Co Ltd are as follows: Budgeted Sales (units) April60,000 May

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Budgeted sales for the second quarter for Max&Co Ltd are as follows:

Budgeted Sales (units)

April60,000

May 120,000

June 140,000

Max&Co started the quarter with an inventory of 30,000 units. The company like to maintain an inventory equal to 10% of the next month's budgeted sales. what would be the budgeted purchases in units for May? details calculation

Posted Date: May 14, 2024 05:16 AM

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Budgeted sales for the second quarter for Max&Co Ltd are as follows: Budgeted Sales (units) April60,000 May

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Lets break down the problem step by step 1 Determine the budgeted sales for May 120000 units 2 Since ... View the full answer

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