Question
Recard Corporation makes one product. Budgeted unit sales for July, August, and September are 8,000, 12,000, and 15,000 units, respectively. Recards desired ending finished goods
Recard Corporation makes one product. Budgeted unit sales for July, August, and September are 8,000, 12,000, and 15,000 units, respectively. Recards desired ending finished goods inventory is 20% of the following month's sales and inventory on July 1st is 2,000 units. The budgeted production for August is closest to:
| a. | 11,400 units | |
| b. | 15,000 units | |
| c. | 12,600 units | |
| d. | 12,000 units |
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Financial Accounting For MBAs
Authors: Easton, Wild, Halsey, McAnally
7th Edition
1618532316, 978-1618532312
