Asked by Ciara Lawrence on Apr 25, 2024
Verified
Parwin Corporation plans to sell 23,000 units during August. If the company has 8,000 units on hand at the start of the month, and plans to have 9,000 units on hand at the end of the month, how many units must be produced during the month?
A) 24,000
B) 22,000
C) 32,000
D) 31,000
Units Produced
The total number of complete items that are manufactured or completed during a specific period of time.
Plan
A detailed proposal for doing or achieving something, often involving a series of steps or actions.
- Learn the concepts and constructions of several budgets like sales, manufacturing overhead, cash, direct materials, and production budgets.
- Make use of budgeting principles to ascertain the requisite production volumes in alignment with sales projections and inventory demands.
Verified Answer
MT
Maggie Tupman4 days ago
Final Answer :
A
Explanation :
To find the number of units to be produced, calculate the total units needed (sales + ending inventory) and subtract the beginning inventory. Thus, (23,000 sales + 9,000 ending inventory) - 8,000 beginning inventory = 24,000 units to be produced.
Learning Objectives
- Learn the concepts and constructions of several budgets like sales, manufacturing overhead, cash, direct materials, and production budgets.
- Make use of budgeting principles to ascertain the requisite production volumes in alignment with sales projections and inventory demands.
Related questions
Jannusch Corporation Makes One Product ...
Stut Corporation, a Retailer, Plans to Sell 28,000 Units of ...
Which of the Following Statements Is NOT Correct Concerning the ...
Douglas Corporation Plans to Sell 24,000 Units of Product a ...
Frolic Corporation Has Budgeted Sales and Production Over the Next ...