Fuson Corporation Makes One Product and Has Provided the Following

question 92

Multiple Choice

Fuson Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Credit sales are collected:
30% in the month of the sale
70% in the following month
Raw materials purchases are paid:
30% in the month of purchase
70% in the following month
The ending finished goods inventory should equal 10% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs.
The estimated finished goods inventory balance at the end of November is closest to:

• A) $44,388
• B) $117,957
• C) $101,517
• D) $145,905

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Definitions:

Promotions

The advancement of an employee's rank or position in an organizational hierarchy system.

Psychological Withdrawal

An employee's disengagement and lack of psychological presence at work, often manifesting as daydreaming, socializing, or looking for other jobs during work hours.

Organizational Commitment

The degree to which an employee identifies with the organization and is willing to put forth effort on its behalf.

Psychological Job Withdrawal

A process by which employees detach from their work roles, often manifesting through reduced engagement, effort, and commitment.