Solution:
Sales units in 2016 = 6800000/ $8 = 850,000 units
HILL INDUSTRIES | ||
Sales Budget | ||
For the Year Ending December 31, 2020 | ||
Plan A | Plan B | |
Expected
unit sales [Plan A (850000*90%)] [Plan B (850000+100000)] |
765000 | 950000 |
Unit selling price | $8.40 | $7.50 |
Total sales | $64,26,000 | $71,25,000 |
HILL INDUSTRIES | ||
Production Budget | ||
For the Year Ending December 31, 2020 | ||
Plan A | Plan B | |
Expected unit sales | 765000 | 950000 |
Add: Desired Ending Finished Goods Units | 38250 | 60000 |
Total Required units | 803250 | 1010000 |
Less: Beginning Finished Goods Units | 40000 | 40000 |
Required Production Units | 763250 | 970000 |
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