Frolic Corporation has budgeted sales and production over the next quarter as follows: Sales in...
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Frolic Corporation has budgeted sales and production over the next quarter as follows: Sales in units Production in units July August September 49,000 61,000? 49,300 61,300 65,650 The company has 5,800 units of product on hand at July 1, 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 80,500 units. Budgeted sales for September would be (in units): Multiple Choice 73,700 64,000
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