Ask Question
28 December, 01:59

Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 40,000 units. The inventory on hand at the beginning of quarter is 10,000 units. The desired ending inventory is 1000 units. Calculate the budgeted production for the first quarter.

+4
Answers (1)
  1. 28 December, 04:43
    0
    31,000 units

    Explanation:

    The movement in the balance of inventory between the beginning and end of a given period is usually as a result of production and sales.

    This may be expressed mathematically as;

    Opening balance + production - cost of goods sold = closing balance

    10,000 + units produced - 40,000 = 1,000

    Unit produced = 40,000 + 1,000 - 10,000

    = 31,000 units
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 40,000 units. The inventory on hand at the beginning of ...” 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