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Sallinger Products Inc. makes and sells grill covers. On March 31, the company had 400 covers in inventory. The company's policy is to maintain a cover inventory equal to 10% of next month's projected sales.
The company expects the following sales activity for the second quarter of the year:
April 4,000 unitsMay 5,000 unitsJune 7,000 units
Required:
Problem A. a production budget for the second quarter of the year.
Problem B. a budget for the second quarter of the year showing the projected cost of the direct materials (plastic) that will be needed
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