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hram777 [196]
3 years ago
8

Based upon Booked Orders and Sales Predictions, the expected finished goods requirements is 550 units over the planning period.

We currently have the 450 units of Finished Goods Products in Inventory, and have already scheduled for 150 units to be produced within the planning period. How many units of product A should we include on future Planned Production Orders? Group of answer choices
Business
1 answer:
BARSIC [14]3 years ago
5 0

Answer: 0 units

Explanation:

Future Planned Production Orders = Expected goods requirement - Finished goods in inventory - Schedule production

= 550 - 450 - 150

= -50 units

Include no units because the finished goods and the scheduled production make up the requirement for the period.

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Answer:

Date        Account titles & Explanation           Debit         Credit

Apr-05    Merchandise Inventory                    $23,000

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Apr-08    Accounts Payable                             $3,000

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A company just starting business made the following four inventory purchases in June: June 1 150 units $ 390 June 10 200 units 5
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