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Question 1: A company budgeted unit sales of 264000 units for January 2020 and 300000 units for February 2020. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 73200 units on hand on December 31, 2019, how many units should be produced in January 2020 for the company to meet its goals?
Financial Statement Analysis and Preparation
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