Pardee Company plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month?
Selected: a. 11,500 This answer is correct.
b. 12,500
c. 12,000
d. 14,000
Correct! Units produced equals Ending inventory 2,000 plus Units sold $12,000 less beginning inventory 2,500 totals 11,500.