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Prepare a production budget for the first quarter of year

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Problem - Tulum Inc. makes a Mexican chocolate mix. In the first 4 months of the coming year, Tulum expects the following unit sales: Tulum's policy is to have 20% of next month's sales in ending inventory. On January 1, it is expected that there will be 1,300 boxes of the chocolate mixture on hand. Prepare a production budget for the first quarter of the year. Show the boxes that should be produced each month as well as for the quarter in total.

Reference no: EM132873347

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