The ff. is the sales budget of MM for the period Jan. to June: Months Sales Months Sales Jan 100,000 April 80,000 Feb 90,000 May 70,000 March 90,000 June 70,000 The company's projection is to have inventory at the end of each month equal to 70% of the sales the ff. month. It is assumed that the inventory at the end of Dec. 2023 will meet this requirement. It is also estimated that the 80,000 units will be sold in July 2023. What is the total production budget in units for the 6 months period ending in June 2023?

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To calculate the production budget for the sixmonth period ending in June 2023 we need to determine ... View the full answer