Production Budget Renegade Publishers Inc projected sales of

Production Budget

Renegade Publishers Inc. projected sales of 33,000 diaries for 2016. The estimated January 1, 2016, inventory is 2,300 units, and the desired December 31, 2016, inventory is 4,000 units.

What is the budgeted production (in units) for 2016?

Solution

Beginning inventory 2300 Add:production(balance)(33000+4000-2300) 34700 units. Less:ending inventory (4000) Sales 33000