Leonard Company is preparing its third quarter production budget. Projected sales in units are 600 for July,
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Leonard Company is preparing its third quarter production budget. Projected sales in units are 600 for July, 680 for August, and 750 for September. Leonard's policy is to have finished goods inventory equal to 20 per cent of the next month's projected unit sales. How many units should be produced in August?
a. 694 units
b. 710 units
c. 666 units
d. 680 units
e. none of these
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073212227
8th Edition
Authors: Ferdinand Beer, E. Russell Johnston, Jr., Elliot Eisenberg, William Clausen, David Mazurek, Phillip Cornwell
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