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The sales budget for the Johnson Company indicates the following units to be sold: The company requires that ending inventory be equivalent to 30% of the following month's sales.There were no units on hand at the end of December.What is the production that needs to take place during March?
Independent Variable
The factor in an experiment that is intentionally altered to determine its impact on the outcome variable.
Dependent Variable
The variable in an experiment that is expected to change in response to manipulations in the independent variable.
Extraneous Variable
A variable that is not of interest in a study but can affect the outcome of the experiment, potentially leading to erroneous conclusions if not controlled.
Control Factors
Variables that are kept constant and unchanging throughout an experiment to ensure that the results are due to the independent variable being tested.
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