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Kesselring Corporation Makes One Product and Has Provided the Following

Question 208

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Kesselring Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations:
Kesselring Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: The ending finished goods inventory should equal 40% of the following month's sales. The budgeted finished goods inventory balance at the end of August is closest to: A) $358,192 B) $150,304 C) $304,512 D) $454,816 Kesselring Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: The ending finished goods inventory should equal 40% of the following month's sales. The budgeted finished goods inventory balance at the end of August is closest to: A) $358,192 B) $150,304 C) $304,512 D) $454,816 The ending finished goods inventory should equal 40% of the following month's sales.
The budgeted finished goods inventory balance at the end of August is closest to:


A) $358,192
B) $150,304
C) $304,512
D) $454,816

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