ABC prepares budgets for the quarter ending June 30 as follows: Sales in units: April 20,000, May 50,000, June 30,000, July 25,000. Selling price is SR 10 per unit. , inventory in March 31, is 4,000 units. Desired inventory is 20% of the next month sales. Required: a. Prepare sales budget b. Prepare production budget. […]
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