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Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? O A. 24,000 units O B. 32,000 units O cC. 16,000 units O D. 8,000 units

Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? O A. 24,000 units O B. 32,000 units O cC. 16,000 units O D. 8,000 units

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? A. 24,000 units B. 32,000 units OC. C. 16,000 units O D. 8,000 units
Transcribed Image Text:Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? A. 24,000 units B. 32,000 units OC. C. 16,000 units O D. 8,000 units
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Ending Finished goods inventory:-It is a closing inventory to calculates the cost of finished goods inventory at the end of each budget.

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