Zeller Company estimates that 2014 unit sales will be 17,500 in quarter 1, 23,100 in...
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Accounting
Zeller Company estimates that 2014 unit sales will be 17,500 in quarter 1, 23,100 in quarter 2, and 30,800 in quarter 3, at a unit selling price of $22. Management desires to have ending finished goods inventory equal to 21% of the next quarters expected unit sales.
Prepare a production budget by quarter for the first 6 months of 2014.
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