Ask Question
2 April, 22:07

Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May:

Estimated inventory (units), May 1 20,000

Desired inventory (units), May 31 15,000

Expected sales volume (units):

South region 30,000

West region 40,000

North region 20,000

Unit sales price $10

+4
Answers (1)
  1. 2 April, 22:59
    0
    Production = 85,000 units

    Explanation:

    Giving the following information:

    Estimated inventory (units), May 1 = 20,000

    Desired inventory (units), May 31 = 15,000

    Expected sales volume (units):

    South region 30,000

    West region 40,000

    North region 20,000

    To calculate the number of units to be produced, we need to use the following formula:

    Production = sales + desired ending inventory - beginning inventory

    Production = 90,000 + 15,000 - 20,000

    Production = 85,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May: Estimated ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers