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Timber Run Company Has Prepared the Following Forecasts of Monthly

Question 31

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Timber Run Company has prepared the following forecasts of monthly sales:
Timber Run Company has prepared the following forecasts of monthly sales: Timber Run Company has decided that the number of units in its inventory at the end of each month should equal 80% of next month's sales. The budgeted cost per unit is $10. How many units should be in January's beginning inventory? Timber Run Company has decided that the number of units in its inventory at the end of each month should equal 80% of next month's sales. The budgeted cost per unit is $10.
How many units should be in January's beginning inventory?

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