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  3. the inventory policy is to have ending inventory e

The inventory policy is to have ending inventory equal to 20% of next month's sales....

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Accounting

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The inventory policy is to have ending inventory equal to 20% of next month's sales. June July August ? ? ? ? ? ? Desired ending inventory Beginning inventory Budgeted sales Budgeted production ? 60 100 ? ? 95 Compute ending inventory for August 20 12 not enough information 15 25

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