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Author Question: Mary's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. There are ... (Read 88 times)

amal

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Mary's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 9,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement?
◦ $175,000
◦ $150,000
◦ $125,000
◦ $85,000


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Marked as best answer by amal on Mar 6, 2021

cpetit11

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amal

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Reply 2 on: Mar 6, 2021
Excellent


bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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