Rokosz Corporation Makes One Product and It Provided the Following

question 102

Multiple Choice

Rokosz Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:
a. The budgeted selling price per unit is $104. Budgeted unit sales for October, November, December, and January are 6,900, 7,100, 11,300, and 15,300 units, respectively. All sales are on credit.
b. Regarding credit sales, 30% are collected in the month of the sale and 70% in the following month.
c. The ending finished goods inventory equals 20% of the following month's sales.
d. The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $2.00 per pound.
e. The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.5 direct labor-hours.
-If 60,500 pounds of raw materials are required for production in December,then the budgeted cost of raw material purchases for November is closest to:

• A) $91,880
• B) $139,520
• C) $79,400
• D) $115,700

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Definitions:

Social Hierarchy

The organization of individuals within a society that is ranked from higher to lower based on power, status, or other criteria.

Infatuation

A state of intense but short-lived passion or admiration for someone or something, often without a deep understanding or commitment.

Insecurely Attached

A type of attachment style characterized by anxiety and uncertainty in relationships, often resulting from inconsistent caregiving in early development.

Securely Attached

Pertaining to an attachment style characterized by confidence in relationship security, stemming from consistent responsive caregiving.