Stefanovich Corporation Makes One Product

question 187

Multiple Choice

Stefanovich Corporation makes one product. The company has provided the following information concerning its raw materials needs:The ending raw materials inventory should equal 20% of the following month's raw materials production needs.Each unit of finished goods requires 2 pounds of raw materials.The raw materials cost $3.00 per pound.The company will need 26,440 pounds of raw material to satisfy production needs in March.The raw materials inventory balance at the end of February should be closest to:

• A) $74,136
• B) $14,568
• C) $88,704
• D) $15,864

---

Definitions:

Nerve Impulses

Electrical signals that travel along the nerve fibers, facilitating communication throughout the nervous system.

Sound Vibrations

These are oscillations of pressure transmitted through mediums such as air or water, perceived by the auditory system.

Cochlea

A spiral-shaped, fluid-filled inner ear structure that plays a key role in the process of hearing by converting sound waves into nerve impulses.

Retina

The light-sensitive layer of tissue at the back of the inner eye that converts light images into neural signals sent to the brain.