Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Ending Beginning Inventory Inventory Finished goods (units) Raw material (grams) 28,000 38,000 58,000 48,000 Each unit of finished goods requires 2 grams of raw material. The company plans to sell 350,000 units during the year. The number of units the company would have to manufacture during the year would be: Multiple Choice 292,000 units 360,000 units 388,000 units 350,000 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year.
Beginning
Ending
Inventory
Inventory
Finished goods (units)
Raw material (grams)
28,000
38,000
58,000
48,000
Each unit of finished goods requires 2 grams of raw material. The company plans to sell 350,000 units during the year.
The number of units the company would have to manufacture during the year would be:
Multiple Choice
292,000 units
360.000 units
388,000 units
350.000 units
Transcribed Image Text:Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Ending Inventory Inventory Finished goods (units) Raw material (grams) 28,000 38,000 58,000 48,000 Each unit of finished goods requires 2 grams of raw material. The company plans to sell 350,000 units during the year. The number of units the company would have to manufacture during the year would be: Multiple Choice 292,000 units 360.000 units 388,000 units 350.000 units
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