the budgeted production (in units) for 2022 will be 98,100
Production + opening stock= sales+ closing stock
Production + 7,500= 86000 + 19600
Production = 98,100
What do you mean by production budget?
The sales forecast and the anticipated amount of finished goods inventory to be on hand are combined to create the production budget, which determines the number of products that must be made (usually as safety stock to cover for unexpected increases in demand).
How important budgeting is in production process?
A production budget aids the business in planning output levels for varying demand times. A corporation can use the downtime to make an extra products to have on hand for a future period when demand increases if it anticipates that demand and production levels will be low in a month.
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The number of potted plants that they should be able to produce on day is 50.
<h3>What is the above question about?</h3>
The question is one that deals with opportunity cost. The opportunity cost is known to be the cost that has to do with the particular choice one make in a given situation while forgetting others.
Note that based on the scenario above, the option on day 3 that is 50 potted plants is the correct option of what they should be able to produce.
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At least during orientation, then after that annually
Answer:
Unethical behavior?
Explanation:
Ethics and morals are similar but aren't the same, but that's the closest answer I can give. Ethical decisions are made to get the best possible outcome. Which choice will lead to the best outcome? So whether or not it is a moral decision it is made to ensure the best result. To do the, "wrong thing" or to "lack morals" would most be compared to unethical behavior.
I hope this helped ^^
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.