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LiChan LiChan
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7 years ago
The following sales forecast in units was provided for Chocolates, Inc. a manufacturer of fine candies that are sold both wholesale and retail:
   First   Second   Third   Fourth
Sales   Quarter   Quarter   Quarter   Quarter   Total
Wholesale   50,000   75,000   45,000   65,000   235,000
Retail   75,000   100,000   50,000   90,000   315,000
If the desired ending inventory is 20% of the next quarter sales, how many units need to be produced in the first quarter, assuming beginning inventory is zero?
A)   90,000
B) 125,000
C) 160,000
D) 145,000
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Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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hol23hol23
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7 years ago
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LiChan Author
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7 years ago
Flippin awesome
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