A company is preparing its production budget for product XY for the forthcoming year. Budgeted sales of product XY are 1,800 units. Opening inventory is 190 units and the company wants to reduce inventories at the end of the year by 10%. What is the budgeted number of units of product XY to be produced in the following year? OA. 1,392 OB. 1,781 OC. 1,488

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company is preparing its production budget for product XY for the forthcoming year.
Budgeted sales of product XY are 1,800 units. Opening inventory is 190 units and the company wants to reduce
inventories at the end of the year by 10%.
What is the budgeted number of units of product XY to be produced in the following year?
OA. 1,392
O B. 1,781
OC. 1,488
OD. 1,600
Transcribed Image Text:A company is preparing its production budget for product XY for the forthcoming year. Budgeted sales of product XY are 1,800 units. Opening inventory is 190 units and the company wants to reduce inventories at the end of the year by 10%. What is the budgeted number of units of product XY to be produced in the following year? OA. 1,392 O B. 1,781 OC. 1,488 OD. 1,600
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