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Question - Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted:
April May June July August
Unit sales............... 640 720 780 620 660
Additional information follows:
Inventory on March 31: 192 units
Desired ending inventory each month:30% of next month's sales
How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?
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