Katherine company sales budget has thefollowing unit sales, Ask an Expert

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Katherine Company sales budget has thefollowing unit sales projections for each quarter of calendar year2009:

January-March 540,000

April-June 680,000

July-September 490,000

October-December 550,000

Total 2,260,000

Sales for the first quarter of 2010 are expected to be 600,000units. Ending inventory of finished goods for each quarter isschedule to equal 5 percent of the next quarter's budgeted sales. The company is expected to be in compliance with this policyas of December 31, 2008. Develop a quarterly production budget for 2009 and for the year in total.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797879

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