Percy's Pickled Snacks Produces Several Types of Pickled Vegetables

question 175

Multiple Choice

Percy's Pickled Snacks produces several types of pickled vegetables.The company budgets for each quarter in the last month of the previous quarter.In early March, Percy is preparing the budget for pickled beets.Budgeted sales are 12,000 jars for April, 16,000 jars for May, and 19,000 jars for June.Each jar requires 1.2 pounds of beets.The pickling process takes 60 minutes for 20 jars.Because pressurized cooking is used, the processing is monitored by an employee at all times.Each jar of pickled beets sells for $15.00.Percy requires ending Finished Goods inventory equal to 25% of the following month's sales.Other information is as follows: What is Percy's production budget for April?

• A)12,000
• B)13,000
• C)16,000
• D)11,000

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Definitions:

Rexford Tugwell

An economist and academic who played a significant role in Franklin D. Roosevelt's New Deal administration, advocating for government intervention in the economy.

Roosevelt Administration

The period of U.S. Presidential leadership under Franklin D. Roosevelt, notable for the New Deal policies addressing the Great Depression and leading the country during most of World War II.

Immigrants

People who move from one country to another with the intention of settling or residing in the new country, often in search of better living conditions or opportunities.