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In Preparing a Budget for the Last Three Months of the Current

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Essay

In preparing a budget for the last three months of the current year,Cozy Company is planning the units of merchandise it must order each month.The company's policy is to have 15% of the next month's sales in its inventory at the end of each month.Projected sales for October,November,and December are 27,000 units,29,500 units,and 31,000 units,respectively.How many units must be ordered in November?


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