Poplar company has budgeted production for next year as follows: Quarter...
Question:
Poplar company has budgeted production for next year as follows:
| Quarter | ||||
| First | Second | Third | Fourth | |
| Units to be sold | 53,400 | 80,200 | 92,000 | ? |
At the beginning of the year, Poplar is expected to have 2,670 units of the product. At the end of each quarter, Poplar would like to have an inventory equal to 5% of the sales units of the next quarter.
How many units should Poplar produce in the second quarter?
A. 54,740 units
B. 79,610 units
C. 80,220 units
D. 80,790 units
E. None of the above.
Production Budget:
The production budget shows the required units required to be produced in a given period. It starts with the units required to be sold, which is added by ending inventory units and deducted by beginning inventory units. The resulting units are the units required to be produced.
Answer and Explanation: 1
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View this answerThe units that Poplar should produce in the second quarter is calculated by adding the ending inventory to the sales required per quarter and...
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Production Budget: Preparation & Examples
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