Kirby Soups has just made its sales forecasts, and its marketing department estimates that the...
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Accounting
Kirby Soups has just made its sales forecasts, and its marketing department estimates that the company will sell units of its vegetable soup during the coming year. In the past, management has maintained inventories of finished goods at approximately two week's sales. The inventory at the start of the budget period is units. Sales occur evenly throughout the year. Note: Assume weeks in a year. Required: Estimate the production level of vegetable soup required for the coming year to meet these objectives. Note: Do not round intermediate calculations.
Kirby Soups has just made its sales forecasts, and its marketing department estimates that the company will sell units of its
vegetable soup during the coming year. In the past, management has maintained inventories of finished goods at approximately two
week's sales. The inventory at the start of the budget period is units. Sales occur evenly throughout the year. Note: Assume
weeks in a year.
Required:
Estimate the production level of vegetable soup required for the coming year to meet these objectives.
Note: Do not round intermediate calculations.
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