Question

EB8.

LO 7.2How many units are estimated to be sold if Kino, Inc., has planned production of 750,000 units, a desired beginning inventory of 30,000 units, and a desired ending inventory of 45,000 units?

Answer 1

735,000 units

Step-by-step explanation:

The estimated units is computed below:

As we know that

Number of units produced = Estimated units sold + ending inventory units - beginning inventory units

750,000 units = Estimated units sold + 45,000 units - 30,000 units

750,000 units = Estimated units sold + 15,000 units

So, the Estimated units sold would be

= 750,000 units - 15,000 units

= 735,000 units