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At January 1, 2016, Barry, Inc.has beginning inventory of 5,000 widgets.Barry estimates it will sell 40,000 units during the first quarter of 2016 with a 5% increase in sales each quarter.Barry's policy is to maintain an ending inventory equal to 10% of the next quarter's sales.Each widget costs $2 and is sold for $3.How much is budgeted sales revenue for the third quarter of 2016?
Theoretical Yield
The maximum amount of product that could be formed from given amounts of reactants in a chemical reaction, assuming no losses.
Carbon Dioxide
This is a gas that has no color or odor, generated through the combustion of carbon-based substances and the respiratory process, and is consumed by plants for photosynthesis.
Methane
A simple alkane hydrocarbon with the formula CH₄, known as a potent greenhouse gas and a primary component of natural gas.
Potassium Chloride
A metal halide salt composed of potassium and chlorine, used in medicine, scientific applications, and food processing.
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