The Barnes Company manufactures product A. The company has a policy of maintaining an inventory...
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Accounting
The Barnes Company manufactures product A. The company has a policy of maintaining an inventory of finished goods equal to 30% of next month's budgeted sales. Listed below is the sales budget for the first quarter of the current year:
| January | February | March | |
| Sales (in units) | 10,000 | 12,000 | 10,000 |
Assuming the company meets its required inventory policy, the estimated units to be produced in January are:
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