Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the...
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Accounting
Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows: Unit Sales April 58,000 May 75,000 June 98,000 July 84,800 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March was 8,700 units. Required: Prepare a production budget by month and in total, for the second quarter. Down Under Products, Limited Production Budget April May June Quarter Budgeted unit sales Total needs 0 0 0 Required production in units 0
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