Examlex
Consider the following five terms. Which term does not belong with the other four terms?
Units
A measure of quantity or amount in business, such as items produced, sold, or in inventory.
Production Budget
An estimate of the total units that need to be produced in a period to meet expected sales demands and inventory levels.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.
Units Produced
denotes the total quantity of completed goods made during a specific period.
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