Question

The crawford company has 3,000 units in beginning finished goods. the sales budget shows expected sales to be 12,000 units. if the production budget shows that 14,000 units are required for production, what was the desired ending finished goods?

Answer 1

Formula: Finished Goods Inventory Beginning - Sales in units + Produced units= Ending Inventory

3000-12000+14000= 5000 Ending finished goods inventory in units
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