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Frisbee Enterprises produces frisbees. Frisbee Enterprises has the following sales projections for the upcoming year:
Fourth quarter budgeted frisbee sales in units30,000
Inventory at the beginning of the year was 6,000 frisbees. Frisbee Enterprises wants to have 30% of the next quarter's sales in units on hand at the end of each quarter. How many frisbees should Frisbee Enterprises produce during the first quarter? Show your calculations.
1st quarterSalesEnding inventoryBeg inventoryProduction needed Explanation:In order to know the production needed, wewould need to add the sales for the 1st quarterand required ending...