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Questions and Answers
Which factor should be considered in preparing the sales budget?
Which factor should be considered in preparing the sales budget?
- Number of production staff (correct)
- Number of units produced
- Target level ending inventories
- Selling price per unit
What is the formula for calculating the required production in units?
What is the formula for calculating the required production in units?
- Expected Sales - Target Ending Inventories + Beginning Inventories
- Expected Sales - Target Ending Inventories - Beginning Inventories
- Expected Sales + Target Ending Inventories - Beginning Inventories (correct)
- Expected Sales + Target Ending Inventories + Beginning Inventories
What is the projected units to be produced by ABC Corporation in Quarter 4?
What is the projected units to be produced by ABC Corporation in Quarter 4?
- 220,000
- 200,000
- 260,000 (correct)
- 240,000
What is the target level ending inventories in Quarter 2?
What is the target level ending inventories in Quarter 2?
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What is the beginning inventory for ABC Corporation?
What is the beginning inventory for ABC Corporation?
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