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 B is 3,000 units. Budgeted purchases of Product B for the year would be:
A) 24,500 units.
B) 22,500 units.
C) 16,500 units.
D) 26,500 units.
E) 20,500 units.
B) 22,500 units.
Explanation: Purchases of B = 3,000 + 22,000 – 2,500 = 22,500
You might also like to view...
The practice of using call centers, where employees receive calls from customers and provide service by taking orders and answering queries, is called ________
A) customer response marketing B) guerilla marketing C) reactive marketing D) internal marketing E) inbound telemarketing
Trisha works for a company where authority is decentralized, and there are only three levels in her chain of command. What best describes the company's organizational culture?
A. It is relatively rigid. B. It rewards cautiousness and minimizing risk. C. It limits empowerment. D. It encourages innovation and autonomy. E. It values obeying authority.
Hiring someone outside the company to perform tasks that were formerly done internally is known as
A. outplacement. B. contracting. C. outsourcing. D. employee leasing.
All employees covered under the Fair Labor Standards Act are entitled to overtime pay or subject to the minimum wage.?
Indicate whether the statement is true or false