COST ACCOUNTING
THE MASTER BUDGET
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Jiggy Company plans to sell 33, 000 units during the month of May. The company plans to have 2, 500 units on hand at the end of the month. If 1, 200 units are on hand on May 1, how many units must be produced during May?
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33, 000
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35, 500
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34, 300
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31, 800
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Explanation:
Detailed explanation-1: -The right answer choice is c. To find the number of units that must be transferred from work-in-process to finished goods in May, we use the following formula: Projected Sales + Ending Inventory-Beginning Inventory = Units Transferred from Work-In-Process. 33, 000 + 2, 500-1, 200 = 34, 300.
There is 1 question to complete.