FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Marco, Inc., has budgeted sales in units for the next four quarters as follows:
Quarter
Production in units
First Second Third Fourth
10,000 12,000 16,000 14,000
Past experience has shown that the ending inventory for each quarter should be equal to 10% of the next quarter's sales in units. The company needs to
prepare a production budget for the next four quarters.
The total number of units produced in the second quarter should be:
Numeric Response
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Transcribed Image Text:Marco, Inc., has budgeted sales in units for the next four quarters as follows: Quarter Production in units First Second Third Fourth 10,000 12,000 16,000 14,000 Past experience has shown that the ending inventory for each quarter should be equal to 10% of the next quarter's sales in units. The company needs to prepare a production budget for the next four quarters. The total number of units produced in the second quarter should be: Numeric Response
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