What leaf company should purchase

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Reference no: EM132725683

Leaf Company is a merchandiser of tea sets. The following sales in units have been predicted for the second quarter of the year:

April 7,000 sets
May 8,500 sets
June 5,500 sets

Problem 1: At the beginning of April, 2,100 sets were on hand. Ending inventory is budgeted at 30 percent of the next month's sales. July sales are estimated at 6,500 sets. In April, Leaf Company should purchase

Reference no: EM132725683

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