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Uncle Coles Cookies Company has budgeted sales volume of 122,000 bags of cookies and budgeted production of 116,000 bags, wh
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Answer #1

Budgeted production = Budgeted Sales + Desired ending inventory - Beginning inventory

116,000 = 122,000 + Desired ending inventory - 28,000

Desired ending inventory = 116,000 - 94,000

= 22,000

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