Atlantic Surf manufactures surfboards. The companys budgeted sales units for the next three months is...
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Atlantic Surf manufactures surfboards. The companys budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 30% of the next months unit sales. As of June 30, the company has 1,320 finished surfboards in inventory.
JulyAugustSeptemberBudgeted sales units4,4007,4003,200Prepare the production budget for the months of July and August.
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