(Solved) Description of Account

Rea1l

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3 years ago

Is the 210,000 units of budgeted (planned) production of vehicles another way to say "210,000 units of vehicles that have been produced"? Does 210,000 units of vehicles the number of units of vehicles that represent the Finished goods inventory? And, the $1,500,000 the dollar amount representing the ending balance of Finished goods inventory too? Or does And, the $1,500,000 the dollar amount representing the beginning balance of Work-in-Process inventory?

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meggsnbacon

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3 years ago

Quote from: Rea1l (3 years ago)

Is the 210,000 units of budgeted (planned) production of vehicles another way to say "210,000 units of vehicles that have been produced"?

Yes

Quote

Does 210,000 units of vehicles the number of units of vehicles that represent the Finished goods inventory?

Yes

Quote

And, the $1,500,000 the dollar amount representing the ending balance of Finished goods inventory too? Or does And, the $1,500,000 the dollar amount representing the beginning balance of Work-in-Process inventory?

It is the work in process inventory because they're projecting 210,000 cars, but only 50,000 have been made.

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Rea1l Author

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3 years ago Edited: 3 years ago, Rea1l

Does the 210,000 units of a product in ( 210,000 units of budgeted (planned) production of a product) the number of units of a product that represent the number of units of a product associated with the beginning inventory balance or the ending inventory balance of the Finished goods inventory?

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bio_man

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Description of Account

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