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Use below information for questions 5 and 6 Projected sales for Noah, Inc., for next year and beginning and ending finished goods inventory data are
Use below information for questions 5 and 6
Projected sales for Noah, Inc., for next year and beginning and ending finished goods inventory data are as follows: Sales Beginning inventory Desired ending inventory 10,000 units 400 units 300 units The selling price is $50 per unit. Figure 1-1 5. Refer to Figure 1-1. Calculate Noah's next year budgeted sales revenue. A. $520,000 O B. $512,000 O C. $500,000 O D. $495,000 6. Refer to Figure 1-1. According to Noah's production budget, how many units should be produced? A. 10,400 O B. 10,100 C. 9,900 O D. 9,600Step by Step Solution
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