Ask Question
2 April, 19:52

18. Callon Industries has projected sales of 67,000 machines for 2012. The estimated January 1, 2012, inventory is 6,000 units, and the desired December 31, 2012, inventory is 15,000 units. What is the budgeted production (in units) for 2012?

+5
Answers (1)
  1. 2 April, 19:59
    0
    Production budget = 76, 000 units

    Explanation:

    The sales budget is adjusted for the projected opening and closing inventories unit to arrive at the production budget:

    The production budget can be determined using the formula below

    Production budget = Sales budget + closing inventory - opening inventory

    Production budget = 67,000 + 15,000 - 6,000

    = 76000

    Production budget = 76, 000 units
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “18. Callon Industries has projected sales of 67,000 machines for 2012. The estimated January 1, 2012, inventory is 6,000 units, and the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers