Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? O A. 24,000 units O B. 32,000 units O cC. 16,000 units O D. 8,000 units

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 1EA: Blue Book printing is budgeting sales of 25,000 units and already has 5,000 in beginning inventory....
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Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory?
A. 24,000 units
B. 32,000 units
OC.
C. 16,000 units
O D. 8,000 units
Transcribed Image Text:Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? A. 24,000 units B. 32,000 units OC. C. 16,000 units O D. 8,000 units
Expert Solution
Step 1

Ending Finished goods inventory:-It is a closing inventory to calculates the cost of finished goods inventory at the end of each budget.

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