Homework Answers
Solution:
The formula for calculating the budgeted production ( in units ) is
= Closing Inventory + Projected sales – Opening Inventory
As per the information given in the question
Closing Inventory as on December 31, 20Y6 = 23,500 units
Projected sales for 20Y6 = 400,000 units ; Opening Inventory as on January 31, 20Y6 = 20,000 units
Applying the above information in the formula we have the budgeted production ( in units ) as
= 23,500 + 400,000 – 20,000
= 403,500
Thus the budgeted production ( in units ) for20Y6 is 403,500 units
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