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Exercise 13-27 (Algo) Estimate Production Levels (LO 13-4) Offenbach & Son has just made its sales forecasts and its marketing department estimates that the company will sell 231,000 units during the coming year. In the past, management has maintained inventories of finished goods at approximately one month’s sales. The inventory at the start of the budget period is 15,500 units. Sales occur evenly throughout the year.   Required: Estimate the production level required for the coming year to meet these objectives. (Do not round intermediate calculations.)

Exercise 13-27 (Algo) Estimate Production Levels (LO 13-4) Offenbach & Son has just made its sales forecasts and its marketing department estimates that the company will sell 231,000 units during the coming year. In the past, management has maintained inventories of finished goods at approximately one month’s sales. The inventory at the start of the budget period is 15,500 units. Sales occur evenly throughout the year.   Required: Estimate the production level required for the coming year to meet these objectives. (Do not round intermediate calculations.)

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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Exercise 13-27 (Algo) Estimate Production Levels (LO 13-4)

Offenbach & Son has just made its sales forecasts and its marketing department estimates that the company will sell 231,000 units during the coming year. In the past, management has maintained inventories of finished goods at approximately one month’s sales. The inventory at the start of the budget period is 15,500 units. Sales occur evenly throughout the year.

 

Required:

Estimate the production level required for the coming year to meet these objectives. (Do not round intermediate calculations.)

 

 

 

 

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