Asked by Camille Esselin on Jul 14, 2024
Verified
To meet projected annual sales, Bluegill Manufacturers, Inc. needs to produce 75,000 machines for the year. The estimated January 1 inventory is 7,000 units, and the desired December 31 inventory is 12,000 units. What are projected sales units for the year?
Projected Sales Units
An estimate of the quantity of products that a company plans to sell over a certain period of time.
Annual Sales
The total revenue generated from goods or services sold by a company in a fiscal year.
Inventory Units
Items of stock or goods held by a company in the course of its business operation, counted as individual units.
- Determine the method and positive outcomes of devising a sales budget.
Verified Answer
AB
Learning Objectives
- Determine the method and positive outcomes of devising a sales budget.
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