Below Is Budgeted Production and Sales Information for Octofic Cans

question 8

Multiple Choice

Below is budgeted production and sales information for Octofic Cans, Inc.for the month of March: $$\begin{array} { l l l } & { \text { Aluminum } } & { \text { Tin } } \\\text { Estimated beginning inventory } & 12,000 \text { units } & 6,000 \text { units } \\\text { Desired ending inventory } & 15,000 \text { units } & 4,000 \text { units } \\\text { Region I, anticipated sales } & 380,000 \text { units } & 85,000 \text { units } \\\text { Region II, anticipated sales } & 125,000 \text { units } & 25,000 \text { units }\end{array}$$ ? The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20.
Budgeted production for aluminum cans during the month is:

• A) 383,000 units.
• B) 508,000 units.
• C) 502,000 units.
• D) 532,000 units.

Recognize the significance of a mission statement in business.

Analyze the concept and sustainability of competitive advantage.

Grasp the principles of business planning and forecasting.

Compare the levels of social responsibility in businesses.

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Definitions:

Composite Volcano

A volcano built by both lava flows and pyroclastic eruptions, typically featuring steep profiles and explosive activity.

Shield Volcano

A broad, domed volcano with gently sloping sides, primarily formed by the eruption of low-viscosity lava.

Caldera

A large volcanic crater formed by a major eruption leading to the collapse of the mouth of the volcano.

Steam Eruption

A volcanic event wherein water is heated by magma and vaporizes explosively, releasing steam and volcanic gases into the atmosphere.