The sales budget for Modesto Corp. shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of $10 and $12, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,000 units. The beginning inventory of Product B is 2,500 units. The desired ending inventory of Product B is 3,000 units. Total budgeted sales of both products for the year would be:
A. $464,000.
B. $264,000.
C. $500,000.
D. $42,000.
E. $200,000.
Answer: A
You might also like to view...
According to the EEOC, “U.S. employers are not required to comply with the requirements of Title VII, the ADEA, or the ADA” in other countries ______.
A. “if adherence to that requirement would conflict with the employer’s code of conduct” B. “if adherence to that requirement would violate a law of the country where the workplace is located” C. “if adherence to that requirement would jeopardize the employer’s business dealings” D. “if adherence to that requirement would pose an undue hardship”
When compared to a corporation, one of the major advantages of a partnerships is its relative ease of formation
Indicate whether the statement is true or false
A firm compares its actual performance against its potential performance in _____
a. benchmarking b. scenario analysis c. gap analysis d. opportunity cost analysis
Seasonal demand can be met by
A) maintaining enough manufacturing capacity to meet demand in any period. B) building up inventory during the off season to meet demand during peak seasons. C) offering a price promotion during periods of low demand to shift some of the demand into a slow period. D) all of the above