The Ralston Company manufactures a special line of graphic tubing items. The company estimates it will sell 94,000 units of this item during the upcoming year. The beginning finished goods inventory contains 39,000 units. The target for each year's ending inventory is 29,000 units. Each unit requires five feet of plastic tubing. The tubing inventory currently includes 98,500 feet of the required tubing. Materials on hand are targeted to equal 3 months' production. Any shortage in materials will be made up by the immediate purchase of materials. Sales take place evenly throughout the year. What is the production budget (in units) for the upcoming year? Multiple Choice O 123,000 84,000 94,000 69,500

The Ralston Company manufactures a special line of graphic tubing items. The company estimates it will sell 94,000 units of this item during the upcoming year. The beginning finished goods inventory contains 39,000 units. The target for each year's ending inventory is 29,000 units. Each unit requires five feet of plastic tubing. The tubing inventory currently includes 98,500 feet of the required tubing. Materials on hand are targeted to equal 3 months' production. Any shortage in materials will be made up by the immediate purchase of materials. Sales take place evenly throughout the year. What is the production budget (in units) for the upcoming year? Multiple Choice O 123,000 84,000 94,000 69,500

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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