The Sales Budget for the Johnson Company Indicates the Following $$\begin{array} { l l } \text { January } & 20,000 \\\text { February } & 30,000 \\\text { March } & 24,000 \\\text { April } & 28,000\end{array}$$

question 111

Multiple Choice

The sales budget for the Johnson Company indicates the following units to be sold: $$\begin{array} { l l } \text { January } & 20,000 \\\text { February } & 30,000 \\\text { March } & 24,000 \\\text { April } & 28,000\end{array}$$ The company requires that ending inventory be equivalent to 30% of the following month's sales.There were no units on hand at the end of December.What is the budgeted balance in the company's ending inventory account at March 31 expected to be?

• A)7,200
• B)8,400
• C)6,000
• D)0

---

Definitions:

Penn State University

A public research university located in State College, Pennsylvania, known for its strong academic programs and research initiatives.

Hidden Curriculum

Refers to the unspoken or implicit values, behaviors, and norms that are learned in school, beyond the formal content of lessons.

Democratic Values

Principles that support the idea of democracy, including freedom, equality, justice, and participation in political processes by all citizens.

Sociologists

Professionals who study social behavior, society, patterns of social relationships, social interaction, and culture.