The Direct Materials Budget Shows The Total Direct Materials Needed for Production Is
A) 21000

question 203

Multiple Choice

The direct materials budget shows: $\begin{array}{ll}\text { Desired ending direct materials } & 48,000 \text { pounds } \\\text { Total materials required } & 69,000 \text { pounds } \\\text { Direct materials purchases } & 63,200 \text { pounds }\end{array}$ The total direct materials needed for production is

• A) 21000 pounds.
• B) 5800 pounds.
• C) 15200 pounds.
• D) 132200 pounds.

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Definitions:

Dividend Yield

A stock’s cash dividend divided by its current price.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Reverse Stock Split

A corporate action in which a company reduces the total number of its outstanding shares to increase its share price.

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.