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Production and sales estimates for June for Cardinal Co. are as follows: Estimated inventory (units), June 1 20,000 Desired inventory (units), June 30 19,000 Expected sales volume (units):     Territory X 7,000   Territory Y 4,000   Territory Z 5,500 Unit sales price $20 ​ The number of units expected to be manufactured in June is   a. 12,500 units   b. 13,500 units   c. 11,000 units   d. 15,500 units

Production and sales estimates for June for Cardinal Co. are as follows: Estimated inventory (units), June 1 20,000 Desired inventory (units), June 30 19,000 Expected sales volume (units):     Territory X 7,000   Territory Y 4,000   Territory Z 5,500 Unit sales price $20 ​ The number of units expected to be manufactured in June is   a. 12,500 units   b. 13,500 units   c. 11,000 units   d. 15,500 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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  1. Production and sales estimates for June for Cardinal Co. are as follows:

    Estimated inventory (units), June 1

    20,000
    Desired inventory (units), June 30

    19,000
    Expected sales volume (units):  
      Territory X

    7,000
      Territory Y

    4,000
      Territory Z

    5,500
    Unit sales price

    $20

    ​

    The number of units expected to be manufactured in June is

      a.
    12,500 units
      b.
    13,500 units
      c.
    11,000 units
      d.
    15,500 units
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