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Ivanhoe Company estimates that unit sales will be 9,600 in quarter 1;12,300 in quarter 2;13,600...

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Accounting

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Ivanhoe Company estimates that unit sales will be 9,600 in quarter 1;12,300 in quarter 2;13,600 in quarter 3; and 18,100 in quarter 4. Management wants to have an ending finished goods inventory equal to 18% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022

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