Lan Corporation Had Beginning Inventory of $42 000 and Expects

question 73

Multiple Choice

Lan Corporation had beginning inventory of $42 000 and expects cost of sales of $96 000 units during the month. Desired ending inventory is $31 000. How much inventory should Lan Corporation purchase?

• A)$73 000
• B)$65 000
• C)$85 000
• D)$107 000

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Definitions:

Compliance

The act of conforming to established guidelines, standards, or regulations.

Identification

involves the process by which an individual aligns their attitudes and behaviors with those of a group or role model.

Internalized

Refers to the process of adopting the norms, attitudes, or behaviors of others as one's own, often unconsciously.

Group Norms

Accepted behavior patterns or standards within a group that guide members' actions and interactions.