Question
Magnolia Inc. has budgeted sales for the first quarter of the next year to be 30,000 units. The inventory in hand at the beginning of
Magnolia Inc. has budgeted sales for the first quarter of the next year to be 30,000 units. The inventory in hand at the beginning of quarter is 5,000 units. The desired ending inventory is 10,000 units. Calculate the budgeted production for the first quarter.
A) 35,000 units
B) 10,000 units
C) 40,000 units
D) 25,000 units
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College Accounting Chapters 1-9
Authors: James Heintz
22nd Edition
1305888537, 978-1305666184
