Next year's sales forecast shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of $10 and $12 per unit, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,000 units. The beginning inventory of Product B is 2,500 units. The desired ending inventory of Product B is 3,000 units.
-Total budgeted sales of both products for the year would be
A) $42,000
B) $200,000
C) $264,000
D) $464,000
Correct Answer:
Verified
Q105: Below is budgeted production and sales information
Q106: Production estimates for July for Starling Co.
Q107: Cardinal Company has finished goods inventory of
Q108: Production estimates for July for Starling Co.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents