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NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7% per month. The target ending inventory in units of the product is 80% of the next month's estimated sales. There are 150,000 units in inventory as of the end of June. The production requirement in units of LIB for the quarter ending September 30 would be (round- off to whole number) * Format: 111,111

NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7% per month. The target ending inventory in units of the product is 80% of the next month's estimated sales. There are 150,000 units in inventory as of the end of June. The production requirement in units of LIB for the quarter ending September 30 would be (round- off to whole number) * Format: 111,111

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7% per month. The target ending inventory in units of the product is 80% of the next month's estimated sales. There are 150,000 units in inventory as of the end of June. The production requirement in units of LIB for the quarter ending September 30 would be (round- off to whole number) * Format: 111,111
Transcribed Image Text:NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7% per month. The target ending inventory in units of the product is 80% of the next month's estimated sales. There are 150,000 units in inventory as of the end of June. The production requirement in units of LIB for the quarter ending September 30 would be (round- off to whole number) * Format: 111,111
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