Walker Entertainment Is a Distributor of Video Games and Expects

question 111

Multiple Choice

Walker Entertainment is a distributor of video games and expects its video game sales to be as follows for the first 4 months of 2017: $$\begin{array} { l l } \text { January } & \$ 100,000 \\\text { February } & \$ 150,000 \\\text { March } & \$ 180,000 \\\text { April } & \$ 200,000\end{array}$$ Walker's cost of goods sold is 70% of sales.Ending inventory is expected to equal 40% of the next month's cost of goods sold.How much are budgeted inventory purchases for March?

• A)$84,000
• B)$131,600
• C)$126,000
• D)$112,000

---

Definitions:

Psychosexual Stages

A theory proposed by Freud describing how personality develops through five stages (oral, anal, phallic, latency, genital) centered on erogenous zones.

Phallic

Relating to or resembling the penis, often used in the context of Freudian psychoanalysis to describe a stage of human development.

Genital

Pertaining to the external and internal organs of reproduction in both males and females.

Defense Mechanism

Psychological strategies brought into play by individuals, groups, or even nations to cope with reality and to maintain self-image.