Hogan's management has forecasted sales of 50,000 units and an increase in finished goods of 10,000 units for the upcoming year. How many units is Hogan planning to produce next year?

Question

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Hogan plans to produce 60,000 units next year because the forecasted sales are 50,000 units plus an increase in finished goods inventory of 10,000 units, totaling 60,000 units.

Hogan's Management Has Forecasted Sales of 50,000 Units and an Increase