Larry's Custom Bird Cages Has Budgeted Unit Sales for the First

question 21

Multiple Choice

Larry's Custom Bird Cages has budgeted unit sales for the first quarter of the year as follows: Larry wishes to have 20% of the next month's sales in ending inventory. If the January 1 beginning inventory consisted of 74 units, budgeted purchases for February would be:

• A) 480 units
• B) 418 units
• C) 402 units
• D) 344 units

---

Definitions:

Wilcoxon Signed Rank Test Statistic

A non-parametric test used to compare two related samples, matched samples, or repeated measurements on a single sample.

Male Faculty

Refers to the male members of the teaching staff at an educational institution.

Male Group

A demographic or study group consisting exclusively of male subjects or participants.

Ranks Sum

The total value obtained by adding all the ranks assigned to the elements of a sample in non-parametric statistics.