Based on your sales of FS and KS above produce a production budget with the following additional information. Product Beginning inventory Ending inventory FS 13,700 29,200 KS 10,000 23% of sales* *round to the nearest 100 units How many total units are to be produced? (FS + KS) (8 total points)
There is no sales value in the question so it is assumed to be 50000 and 60000 for FS and KS
FS | KS | Total | |
Sales | 50000 | 60000 | 110000 |
Add: closing stock | 29200 | 13800(will change according to sales) | 43000 |
Less: opening stock | 13700 | 10000 | 23700 |
Unit produced | 65500 | 63800 | 129300 |
Based on your sales of FS and KS above produce a production budget with the following...
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