Question: Harbor Enterprises, Inc. (HE) manufactures electrical components. The inventory policy at HE is to hold inventory equal to 150% of the average monthly sales for

Harbor Enterprises, Inc. (HE) manufactures electrical components. The inventory policy at HE is to hold inventory equal to 150% of the average monthly sales for its main product. Sales for the following year are expected to be 600,000 units. Based on the inventory policy the budget calls for the production of 610,000 units.

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What is the beginning inventory of the component?

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