The following information is taken from the production budget for the first quarter: Beginning inventory in...
The following information is taken from the production budget
for the first quarter:
| Beginning inventory in units | 1000 |
| Sales budgeted for the quarter | 346000 |
| Capacity in units of production facility | 392000 |
How many finished goods units should be produced during the quarter
if the company desires 3000 units available to start the next
quarter?
| 348000 |
| 394000 |
| 344000 |
| 349000 |
Homework Answers
Sales budgeted=Beginning inventory+Required production-Ending inventory
346,000=1000+Required production-3000
Required production=346,000+3000-1000
=348,000
Add Answer to:
The following information is taken from the production budget
for the first quarter:
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The following information is taken from the production budget for the first quarter: Beginning inventory in...
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I filled in the Production Budget from the information given at the beginning and I think I did it correctly, but I'm c...
I filled in the Production Budget from the information given at
the beginning and I think I did it correctly, but I'm confused by
the Direct Materials information to input.
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I filled in the Production Budget from the information given at
the beginning and I think I did it correctly, but I'm confused by
the Direct Materials information to input.
Learning Objective: Estimate materials requirements for production Madison Plastics makes specialized water lines for custom pools. They expect to sell 32,000 units in the next quarter. The beginning finished goods inventory balance is 8,000 units and the target ending finished goods inventory balance should be 3,500 for the quarter. There...
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