North Corp.'s December 31, 2009 inventory contains 20,000 units. Forecasted sales for 2010 are 430,000 units. North's production budget indicates the company should produce 438,000 units during 2010, what is North's desired inventory at December 31, 2010? 12,000 units 28,000 units 10,000 units none of the above 18,000 units

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 2EB: How many units are in beginning inventory if 32,000 units are budgeted for sales, 35,000 units are...
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North Corp.'s December 31, 2009 inventory contains 20,000 units. Forecasted sales for 2010 are 430,000
units. North's production budget indicates the company should produce 438,000 units during 2010, what is
North's desired inventory at December 31, 2010?
12,000 units
28,000 units
10,000 units
none of the above
18,000 units
Transcribed Image Text:North Corp.'s December 31, 2009 inventory contains 20,000 units. Forecasted sales for 2010 are 430,000 units. North's production budget indicates the company should produce 438,000 units during 2010, what is North's desired inventory at December 31, 2010? 12,000 units 28,000 units 10,000 units none of the above 18,000 units
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