A company plans on selling 400 units. The selling price per unit is $5. There are 40 units in beginning inventory, and the company would like to have 75 units in ending 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. So, (400 + 75) - 40 = 435 units.

A Company Plans on Selling 400 Units