Question

The Burlington Company has 12,000 units in beginning finished goods. If sales are expected to be 60,000 units for the year and Burlington desires ending finished goods of 15,000 units, how many units must Burlington produce?

Select one: a. 75,000 b. 57,000 c. 60,000 d. 63,000

The production department’s budget for the next quarter is most likely prepared by

Select one:

a. a tax accountant

b. a Financial accountant

c. a Managerial Accountant

d. a CPA auditor.

Answer 1

Part 1)

The correct answer is D) 63000

Explanation

No. of units to be produced = ending inventory + sales - beginning inventory

= 15000+60000 -12000

= 63000 Units

Part 2)

The correct answer is

C) a Managerial Accountant

Explanation

Managerial accountant refer to the accountant which does the all the cost accounting for the compaany including preperation of budgets like sale budget, production budget etc. so he is the one responsible for creating the production budget for the company.