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Bandage supply corporation manufactures and sells bandages. expected sales of bandages (in boxes) for the upcoming months are as follows:
January ....$18,000
Feb ..........$20,000
March ......$25000
April ...... $19,000
May ..........$15,000
June ...... $12,000
July ..........$17,500
Management likes to maintain a finished goods inventory equal to 25% of the next months estimated sales. January's ending inventory matched the desired goal
Required:
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