D’Lightful Wheels Co. (DWC) manufactures bicycles. It expects to sell 20,000 bicycles in April and had 1,200 bicycles in finished goods inventory at the end of March. DWC would like to complete operations in April with at least 1,500 completed bicycles in inventory. The bicycles sell for $100 each. How many bicycles would be produced in April? Question 18 options: 1) 20,000 bicycles 2) 20,300 bicycles 3) 19,700 bicycles 4) 18,800 bicycles
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
in finished goods inventory at the end of March. DWC would like to complete operations in April with at least 1,500 completed bicycles in inventory. The bicycles sell for $100 each.
How many bicycles would be produced in April?
Question 18 options:
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