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Prepare the sales budget

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Question - SALES AND PRODUCTION BUDGET - Rak Sarang Corporation expects to sell 5,000 units in the first quarter, followed by a 300-unit increment in subsequent quarters. The company believes that by retaining an ending inventory equivalent to 15% of the next quarter's anticipated sales volume, it can satisfy future sales requirements. Based on a sales price of P150 per unit: a. Prepare the Sales Budget (For the year 2022). b. Prepare the Production Budget (For the year 2022).

Reference no: EM133146668

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