A company plans to sell 450 units. The selling price per unit is $5. The company has 45 units in beginning finished goods inventory and would like to have 100 units in ending finished goods inventory. How many units should be produced for the coming period?

Question

Quizplus · Accepted Answer

To find the number of units to be produced, use the formula: Units to be produced = Units to be sold + Desired ending inventory - Beginning inventory. Thus, 450 + 100 - 45 = 505 units.

A Company Plans to Sell 450 Units