Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000

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Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022.

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Financial And Managerial Accounting

ISBN: 978-1119752622

4th Edition

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

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