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The Following Forecasted Sales Pertain to Micah Company: Collection Pattern

Question 44

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The following forecasted sales pertain to Micah Company: Collection pattern:
60% in month of sale
40% in month following the sale
The following forecasted sales pertain to Micah Company: Collection pattern: 60% in month of sale 40% in month following the sale The company has a selling price of $10 per unit and expects to maintain ending inventories equal to 20% of the next month's sales.How many units are expected to be produced in April? A) 21,000 units B) 19,000 units C) 25,000 units D) 20,000 units The company has a selling price of $10 per unit and expects to maintain ending inventories equal to 20% of the next month's sales.How many units are expected to be produced in April?
The following forecasted sales pertain to Micah Company: Collection pattern: 60% in month of sale 40% in month following the sale The company has a selling price of $10 per unit and expects to maintain ending inventories equal to 20% of the next month's sales.How many units are expected to be produced in April? A) 21,000 units B) 19,000 units C) 25,000 units D) 20,000 units


A) 21,000 units
B) 19,000 units
C) 25,000 units
D) 20,000 units

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