Question: Samuelson has a beginning inventory balance on January 1 of 12,000 units and wants an ending balance of 20% of next month's sales. If sales
Samuelson has a beginning inventory balance on January 1 of 12,000 units and wants an ending balance of 20% of next month's sales. If sales are expected to be 17,000 in January and 20,000 in February, Calculate what is the ending balance on January 31?
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