Budgeted production is calculated by: Multiple Choice

adding budgeted unit sales to budgeted beginning
finished goods inventory, and subtracting budgeted
ending finished goods
inventory.

Budgeted Production is obtained by adding Sales to the desired finished goods inventory and subtracting beginning finished goods inventory.We move opposite to get to the budgeted production .

For example if we have $ 300,000 sales and desired ending inventory is $ 50,000 and finished good   beginning inventory is $ 25,000 so the budgeted production would be

Budgeted Production = Sales + Desired Ending Inventory - Beginning Inventory

Budgeted Production = $ 300,000 + $ 50,000- $ 25,000= $ 325,000

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself