Art-frame tries to have inventory on hand at the end of, Ask an Expert

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Art-Frames Co. manufactures standard sized frames, and expects the following number of frames to be sold during the last three months of 20X5:

October: 20,000
November: 25,000
December: 40,000

Art-Frame tries to have inventory on hand at the end of each month to equal 20% of the following months sales. How many frames should Art-Frame produce during November?

a) 33,000

b) 28,000

c) 26,000

d) 23,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M971244

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