Nichols Company Sells a Product for £20 $\begin{array}{lr}& \text { Budgeted Sales } \\\text { January } & £ 80,000 \\\text { February } & 50,000 \\\text { March } & 90,000\end{array}$

question 18

Multiple Choice

Nichols Company sells a product for £20. Budgeted sales for the first quarter of the current year are as follows: $\begin{array}{lr}& \text { Budgeted Sales } \\\text { January } & £ 80,000 \\\text { February } & 50,000 \\\text { March } & 90,000\end{array}$ The company wants to maintain an inventory of finished units equal to 30 per cent of the following month's sales, and 1,000 units are on hand at the beginning of the year. Each unit requires two pounds of raw material costing £1 per pound. The company maintains a raw materials inventory equal to 10 per cent of the following month's production needs.
Budgeted production in units for February would be

• A)2,500.
• B)3,100.
• C)3,850.
• D)4,600.

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Definitions:

Respiration

The physiological process of inhaling oxygen and exhaling carbon dioxide from the body, essential for maintaining life.

Hypnosis

A trance-like state of focused attention and heightened suggestibility, often used for therapeutic purposes.

Suggestible

The quality of being inclined to accept and act on the suggestions of others, often leading to increased susceptibility to influence.

Relaxed State

A relaxed state refers to a condition of reduced stress and tension, characterized by calmness and mental, physical, and emotional well-being.