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20 March, 19:47

Jannusch Corporation makes one product. Budgeted unit sales for July, August, September, and October are 10,000, 11,600, 13,300, and 12,700 units, respectively. The ending finished goods inventory should equal 20% of the following month's sales. The budgeted required production for August is closest to:

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  1. 20 March, 23:18
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    11,940 units

    Explanation:

    The computation of the budgeted required production is shown below:

    = Sale units + ending inventory units - beginning inventory units

    where,

    Sale units is 11,600 units

    Ending finished inventory units = 13,300 units * 20% = 2,660 units

    Beginning finished inventory units = 11,600 * 20% = 2,320 units

    Now put these units to the above formula

    So, the units would equal to

    = 11,600 units + 2,660 units - 2,320 units

    = 11,940 units
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