Legend Company Manufacturers Tables

question 100

Multiple Choice

Legend Company manufacturers tables. If raw material used was $80,000 and Raw Material Inventory at the beginning and end of the period, respectively, was $17,000 and $21,000, what was amount of raw material was purchased?

• A) $76,000
• B) $118,000
• C) $84,000
• D) $101,000

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Definitions:

Buyer Persona

A semi-fictional representation of the ideal customer based on market research and real data about existing customers, helping businesses to understand and cater to their target audience.

Tornado

A violently rotating column of air that is in contact with both the surface of the Earth and a cumulonimbus cloud or, in rare cases, the base of a cumulus cloud.

Customer Demand

The desire and willingness of consumers to purchase goods and services at a given price and time.

Period Of Calm

A time interval characterized by peace, stability, or a lack of disturbance.