In: Accounting
Enloe Manufacturing has prepared a production budget for June. Management has determined that the total required production for June is 720 000 units when an ending inventory of 170 000 units is desired and the beginning inventory is 60 000 units.
Based on the above information, what were June's budgeted sales?
690 000 units |
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610 000 units |
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760 000 units |
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680 000 units |
June's Budgeted sales = Beginning Inventory + Required production - Desired Ending Inventory
= 60,000 units + 720,000 units - 170,000 units
= 610,000 units