Mathematics · Commercial Mathematics
A company is preparing its production budget for the next quarter. The estimated sales for the three months are 40,000 units, 45,000 units, and 50,000 units respectively. The company has a policy of maintaining the closing stock of finished goods at 20 percent of the following month's estimated sales. The opening stock for the first month is 8,000 units. What is the budgeted production for the first month?
- 141,000 units✓
- 239,000 units
- 340,000 units
- 442,000 units
Correct answer
41,000 units
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