Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 40,000 units. The inventory on hand at the beginning of quarter is 10,000 units. The desired ending inventory is 1000 units. Calculate the budgeted production for the first quarter.

31,000 units

Explanation:

The movement in the balance of inventory between the beginning and end of a given period is usually as a result of production and sales.

This may be expressed mathematically as ;

Opening balance + production - cost of goods sold = closing balance

10,000 + units produced - 40,000 = 1,000

Unit produced = 40,000 + 1,000 - 10,000

= 31,000 units

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hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi