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Champ, Inc., predicts the following sales in units for the coming two months May June 250 240 Sales in units Each months end
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Answer #1
CHAMP, INC.
Production Budget
For Month Ended May 31
Sales during the month 250
Less: Opening Stock -125
Sales units reqired to produce in May 125
Sales during June 240
Clsong Stock required to maintain End of May 50% of June sales
Add: Closing stock of May (240*50%) 120
Units to be produced in May (125+120) 245
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