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dangina [55]
3 years ago
10

nformation for firm ABC: Inventory at the end of April, 2008: 200 units Expected demand during April, 2008: 50 units Production

expected during April, 2008: 100 units What was the inventory at the end of March 2008
Business
1 answer:
OverLord2011 [107]3 years ago
3 0

Answer:

Inventory at the end of march 2008 = 150 units

Explanation:

<em>The closing inventory at the end of a particular period will be opening inventory at the beginning of the following period.</em>

<em>Note that the inventory at the end of March 2008 will be the opening inventory at the beginning of April 2008.</em>

<em>The production budgeted for a particular period is the expected units  to be produced  after adjusting the sales budget figures for opening and closing inventories. </em>

Production =  Sales volume + closing inventory - opening inventory

100 = 50 + 200 - X

X = 50 + 200 -100

X = 150 units

Inventory at the end of march 2008 = 150 units

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