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Business, 30.07.2020 20:01 miahbaby2003p2af1b

Luna Industries sales budget shows quarterly sales for the next year as follows: Quarter 1–12,000; Quarter 2–10,000; Quarter 3–14,000; Quarter 4–16,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 15% of the next quarter's sales. Budgeted production for the second quarter of next year would be:

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