1- ABC Company plans to sell 250,000 units of finished product in July and anticipates a...
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1- ABC Company plans to sell 250,000 units of finished product in July and anticipates a growth rate in sales of 6% per month. The desired monthly ending inventory in units of finished product is 75% of the next month's estimated sales. There are 200,000 finished units in inventory on June 30. Determine the production requirement in units of finished product for the July-October. 1- ABC Company plans to sell 250,000 units of finished product in July and anticipates a growth rate in sales of 6% per month. The desired monthly ending inventory in units of finished product is 75% of the next month's estimated sales. There are 200,000 finished units in inventory on June 30. Determine the production requirement in units of finished product for the July-October.
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Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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