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Osprey Cycles, Inc. projected sales of 68,945 bicycles for the year. The estimated January 1 inventory is 6,285 units, and the desired December 31 inventory is 6,180 units. What is the budgeted production
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Osprey Cycles, Inc. projected sales of 68,945 bicycles for the year. The estimated January 1 inventory is 6,285 units, and the desired December 31 inventory is 6,180 units. What is the budgeted production (in units) for the year

User Marlun
by
4.3k points

1 Answer

3 votes

Answer:

Production= 68,840 units

Step-by-step explanation:

Giving the following information:

Sales= 68,945 units

Beginning inventory= 6,285 units

Ending inventory= 6,180 units

To calculate the production for the period, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 68,945 + 6,180 - 6,285

Production= 68,840 units

User Cross
by
4.3k points
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