Tiny Toons Distributes Cartoon DVDs That Sell for $12 EachHow Much Are Budgeted Inventory Purchases During February? A) $154,000

The Answer of Tiny Toons Distributes Cartoon DVDs That Sell for $12 EachHow Much Are Budgeted Inventory Purchases During February? A) $154,000

Tiny Toons Distributes Cartoon DVDs That Sell for $12 EachHow Much Are Budgeted Inventory Purchases During February? A) $154,000

The Answer of Tiny Toons Distributes Cartoon DVDs That Sell for $12 EachHow Much Are Budgeted Inventory Purchases During February? A) $154,000

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Tiny Toons Distributes Cartoon DVDs That Sell for $12 Each

question 65

Multiple Choice

Tiny Toons distributes cartoon DVDs that sell for $12 each. Tiny Toons pays $7 per DVD to buy the product. Selling costs of $1 per unit are incurred to deliver the DVDs to the customer. This is paid in cash when the product is sold. Tiny Toons has $50,000 per month in fixed selling and administrative expenses (including $3,000 in depreciation) , which are paid half in the month incurred and half in the next month. It is Tiny's policy to maintain an inventory at the end of each month equal to 30% of the next month's projected unit sales.
Tiny Toons makes 30% of sales in cash, and the remainder are on credit. Credit sales are collected in the month after sale. Budgeted monthly sales for the first five months of 2014 are: $\begin{array} { l l } \text { January } & 20,000 \text { units } \\\text { February } & 22,000 \text { units } \\\text { March } & 26,000 \text { units } \\\text { April } & 28,000 \text { units } \\\text { May } & 40,000 \text { units }\end{array}$
How much are budgeted inventory purchases during February?

Realize the importance of family function in child development.

Acknowledge the role of academic achievement and extracurricular activities in shaping self-concept and self-esteem during middle childhood.

Understand the dynamics of peer relationships and the importance of social skills in peer acceptance.

Explore the influence of cultural and societal norms on family structures and child development.

Definitions:

Gender Identity

Our sense of being male or female.

Gender Roles

Societal norms dictating the behaviors, actions, and roles deemed appropriate for men and women based on their sex.

Psychological Similarities

Traits or characteristics that demonstrate a likeness in mental or emotional processes between individuals or groups.

Genetic Factors

Attributes related to an individual's DNA that influence their physical and mental characteristics.