Down Under Products Ltd., of Australia has budgeted sales of its popular boomerang for the...
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Accounting
Down Under Products Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June 124,000 97.000 July 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 20% of the following month's sales. Required: Prepare a production budget for the second quarter, in your budget, show the number of units to be produced each month and for the quarter in total. Down Under Products, Ltd. Production Budget April May June Quarter Budgeted units sales Total needs Required production in units
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