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Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted:

April May June July August
Unit sales 640 720 780 620 660

Additional information follows:

Inventory on March 31: 192 units
Desired ending inventory each month:30% of next months sales

How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M953992

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