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At January 1, 2014, Zella Company has beginning inventory of 2,000 DVD players. Zella estimates it will sell 10,000 units during the first quarter of 2014 with a 12% increase in sales each quarter. Zella's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each DVD player costs $100 and is sold for $140. How much is budgeted sales revenue for the third quarter of 2014?

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Accounting Basics, Accounting

Category:- Accounting Basics
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