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What would the company desired inventory balance be

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Reference no: EM133094212

Question - Anders Co. Projected the following sales information and details for the next Quarter below:

Month

Budgeted Sales $

January

360,000

February

178,000

March

478,000

April

452,000

Gross Profit rate 41%

Inventory at end of December 78,000

Desired Inventory as a % of sales 25%

Required - What would the company's desired inventory balance be at the end of March?

Reference no: EM133094212

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