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Noel Enterprises Has Budgeted Sales in Units for the Next

question 147

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Noel Enterprises has budgeted sales in units for the next five months as follows: Noel Enterprises has budgeted sales in units for the next five months as follows:   Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 400 units. The company needs to prepare a production budget for the second quarter of the year. The desired ending inventory for August is: A) 720 units B) 460 units C) 540 units D) 380 units Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 400 units. The company needs to prepare a production budget for the second quarter of the year. The desired ending inventory for August is:

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