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The Martinez Company had a finished goods inventory of 55,000 units on Janurary 1. It's projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Martinez Company wishes to maintain a desired ending finished goods inventory of 30% of the following month's sales. What would the budgeted inventory for Feburary 28 be?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92050830

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