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Lesechka [4]
3 years ago
6

If the expected sales volume for the current period is 8,000 units, the desired ending inventory is 1,400 units, and the beginni

ng inventory is 1,200 units, the number of units set forth in the production budget, representing total production for the current period, is
Business
1 answer:
Maru [420]3 years ago
4 0

Answer:

8,200 units

Explanation:

A production budget is estimate of the quantity of a product that a business is expected to manufacture to meets the budgeted level of sales volume and the desired level of inventory at the end of a particular accounting period.

To determine the production budget, budgeted sales volume is adjusted for opening and closing inventories using the formula below:

Budgeted sales + Closing inventory - Opening Inventory

= 8,000 + 1,400 - 1,200

= 8,200 units

Production budget = 8,200 units

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Explanation: When the price of gold an input used in the production of processors increases, it leads to a rise in the cost of producing processors. As a result of this, producers will cut down their production and decrease supply. The supply curve for processors will shift upward to the left from S1 to S2 leading to a rise in the price of processors from P1 to P2 and a fall in the quantity of processors being sold in the market from Q1 to Q2.

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Trading centers in other countries helped the mother country in all of the following ways except for
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Trading centers in other countries helped the mother country in all of the following ways except for...

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3 years ago
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A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who
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<h3>What is the sample size that must be used?</h3>

p′ = x / n where x represents the number of successes and n represents the sample size. The variable p′ is the sample proportion and serves as the point estimate for the true population proportion.

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3 0
2 years ago
A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease
drek231 [11]

Answer:

The Cash paid to suppliers was $85,000

Explanation:

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If a married couple have a joint account with a market value of $1 million and a debit balance of $600,000, all of which is in s
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<h3>What is a joint account?</h3>

A joint account is just another saving account, but the difference is that it is shared between two people, i.e, two people are the owner of that account this is generally shared between two partners or a spouse.  

The maximum bandwidth for a joint account is $500,000; but, a margin account only covers the equity, thus the debit balance is deducted from the market value. from deducting the market value of $1 million from the debit balance of $600,00  to leave $400,000 equity.

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