Ask Question
BusinessBusiness
26 May, 09:53

Budgeted production needs are determined by: A. adding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total. B. adding budgeted sales in units to the beginning inventory in units and deducting the desired ending inventory in units from this total. C. adding budgeted sales in units to the desired ending inventory in units. D. deducting the beginning inventory in units from budgeted sales in units.

+1
Answers (2)
  1. 26 May, 10:02
    0
    The correct option is A. dding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total

    Explanation:

    The formula to computed the budgeted production is shown below:

    = Ending inventory in units + Budgeted sales in units - Beginning inventory in units.

    where,

    Ending inventory is the inventory which is left at the end of the year or we can say the closing stock of inventory

    Budgeted sales are the sales which is to be sell in the future

    Beginning inventory is that inventory which shows at the starting of the year or we can say opening stock of inventory

    Therefore, the remaining options are incorrect.

    So, the correct option is A. dding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total
  2. 26 May, 10:43
    0
    Answer: Option (A) is correct.

    Explanation:

    The budgeted production determines the number of units that should be produced. It is derived from the combination of two components i. e. sales forecast and finished goods inventory in hand.

    Budgeted production:

    = Budgeted sales in units + Desired ending inventory in units - Beginning inventory in units
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Budgeted production needs are determined by: A. adding budgeted sales in units to the desired ending inventory in units and deducting the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Tim Jones bought 100 shares of mutual fund ABC at $4.25 with no load and sold them for $850. And 100 shares of DEF at $6.00 which had a load of $375 dollars, and sold them for $1,200.
Answers (1)
Raul, a salesperson for the lovely landscapes landscaping company, is working with a longtime customer who is interested in either cutting back on the services or getting a better price due to the tight economy.
Answers (1)
Selecting a base year and expressing each amount as a percent of the base year amount is called:
Answers (1)
If the General Fund of a certain city needs $6,720,000 of revenue from property taxes to finance estimated expenditures of the next fiscal year and historical experience indicates that 4 percent of the gross levy will not be collected, what should
Answers (1)
Dug Corporation had outstanding checks totaling $5,400 on its June bank reconciliation. In July, DigDug issued checks totaling $38,900. The July bank statement shows that $26,300 in checks cleared the bank in July.
Answers (2)
New Questions in Business
Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a furniture purchase, and $450 on an auto loan. Does she have excessive debt?
Answers (1)
During the annual planning meeting, Alexandria, president of a Fortune 500 company, discussed with the upper management the strategic goal of expanding company operations across the globe.
Answers (1)
Brothers Ronnie and Jacob are both in college; Ronnie is a senior and Jacob a sophomore. They're both majoring in business administration and want to open a small business a few years after graduation.
Answers (1)
Galaxy Inc. has a tax burden ratio of. 75, an interest burden of. 6, a leverage ratio of 1.25, and a return on sales of 10%. This year the firm makes $2.40 in sales per dollar of assets. What is the firm's ROE? a. 15% b. 11.5% c. 13.5% d. 20%
Answers (1)
The Hudson Corporation has 7,600 obsolete units of a product that are carried in inventory at a manufacturing cost of $152,000. If the units are remachined for $36,400, they could be sold for $68,000.
Answers (1)
Home » Business » Budgeted production needs are determined by: A. adding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total. B.
Sign Up Forgot Password?