HomeFront Inc., manufactures and distributes home maintenance products to retailers. Among its product offerings is...
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HomeFront Inc., manufactures and distributes home maintenance products to retailers. Among its product offerings is EZ-Melt, ice-melting pellets used to clear ice from sidewalks and driveways. The product has a selling price of $2 per bag. When planning for the upcoming winter season, HomeFront used the following estimates: HomeFront holds an inventory policy where ending inventory at the end of each month should be equal to 40% of the next month's unit sales. 14. Compute the amount of expected cash collections from sales that will appear on the December cash budget. I 166,650 15. Compute the number of bags of EZ-Melt that should be produced in October. 86,000urits 16. Compute HomeFront's budgeted revenue from EZ-Melt in November
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