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#2. Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next
#2.
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. |
Beginning Inventory | Ending Inventory | |
Raw material* | 49,000 | 59,000 |
Finished goods | 89,000 | 59,000 |
*Three pounds of raw material are needed to produce each unit of finished product. |
If Paradise Corporation plans to sell 525,000 units during next year, the number of units it would have to manufacture during the year would be: |
A. 476,000 units
B. 525,000 units
C. 555,000 units
D. 495,000 units
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