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    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 7: Planning for Profit and Cost Control
  5. Question
    Although Only 20 Units Are on Hand at the Beginning
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Although Only 20 Units Are on Hand at the Beginning

Question 5

Question 5

True/False

Although only 20 units are on hand at the beginning of the year,World Company plans to sell 100 units during Year 2.Assuming the company desires an ending inventory of 10 units,it should plan to purchase 110 units.

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