Production and sales estimates for June for Cardinal Co. are as follows:Estimated inventory (units), June 120,000Desired inventory (units), June 3019,000Expected sales volume (units): Territory X7,000 Territory Y4,000 Territory Z5,500Unit sales price$20The 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 budget :— This budget is prepared to estimate the number of budget units to be…

Answered: Production and sales estimates for June…

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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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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