Production Budget Steel Company shows the following estimates for unit sales for the first quarter...
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Accounting
Production Budget Steel Company shows the following estimates for unit sales for the first quarter of its upcoming fiscal year: Q1 Q2 Q3 Q4 Year Units sold 3,0003,5004,5004,00015000 The company requires finished goods inventory on hapd equal to 20% of the next month's expected sales. The company expects to begin January with 600 units in inventory. The expected unit sales for quarter of necxt yearl are 5,000 . Required: Prepare a production budget for the year

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