Parwin Corporation plans to sell 23,000 units during August. If the company has 8,000 units on hand at the start of the month, and plans to have 9,000 units on hand at the end of the month, how many units must be produced during the month?

Question

Quizplus · Accepted Answer

To find the number of units to be produced, calculate the total units needed (sales + ending inventory) and subtract the beginning inventory. Thus, (23,000 sales + 9,000 ending inventory) - 8,000 beginning inventory = 24,000 units to be produced.

Parwin Corporation Plans to Sell 23,000 Units During August