A Company Determined That the Budgeted Cost of Producing a Product

question 134

Multiple Choice

A company determined that the budgeted cost of producing a product is $30 per unit. On June 1 there were 80000 units on hand the sales department budgeted sales of 300000 units in June and the company desires to have 120000 units on hand on June 30. The budgeted cost of goods sold for June would be

• A) $7800000.
• B) $11400000.
• C) $9000000.
• D) $10200000.

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Definitions:

Need For Power

The desire to control, influence, or be responsible for other people.

Acquired Needs Theory

A motivational theory that suggests human needs for achievement, affiliation, and power are developed over time based on life experiences.

Need For Power

An individual's desire for influence or control over others, motivating them to seek positions of authority.

Need For Affiliation

The desire to establish and maintain good relations with people.