Question: Please show all your work and calculations on how you get each number. Thanks Patrick Inc. makes industrial solvents. In the first four months of
Please show all your work and calculations on how you get each number. Thanks
Patrick Inc. makes industrial solvents. In the first four months of the coming year, Patrick expects the following unit sales: January 41,000 February 38,000 March 50,000 51,000 Patrick's policy is to have 25% of next month's sales in ending inventory. On January 1, it is expected that there will be 6,700 drums of solvent on hand. April Prepare a production budget for the first quarter of the year. Show the number of drums that should be produced each month as well as for the quarter in total
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