Ligon Enterprises Has Prepared a Production Budget for October

question 59

Multiple Choice

Ligon Enterprises has prepared a production budget for October. Management has determined that the total required production for October is 800,000 units when an ending inventory of 10,000 units is desired and the beginning inventory is 6,000 units. Based on the above information, what were October's budgeted sales?

• A) 806,000 units
• B) 796,000 units
• C) 804,000 units
• D) 794,000 units

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Definitions:

Sale of Real Estate

The process of transferring ownership of property from one party to another, involving negotiation, the exchange of contracts, and legal documentation.

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Items of furniture or equipment that are expected to be present in a property or specified setting but are absent.

Written Contract

A formal agreement documented in writing between two or more parties, defining the terms and conditions of their engagement.

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A long flowing women's dress, usually worn to formal events.