Fuson Corporation Makes One Product and Has Provided the Following

question 9

Multiple Choice

Fuson Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:
Credit sales are collected:
30% in the month of the sale
70% in the following month
Raw materials purchases are paid:
30% in the month of purchase
70% in the following month
The ending finished goods inventory should equal 10% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs.
-If 40,380 pounds of raw materials are required for production in December,then the budgeted raw material purchases for November is closest to:

• A) 32,280 pounds
• B) 38,556 pounds
• C) 31,380 pounds
• D) 35,418 pounds

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Definitions:

Real Attitude Change

Real attitude change refers to a genuine shift in a person's beliefs, feelings, or positions on a particular issue, resulting from persuasion, new information, or reevaluation of existing information.

Counterinfluence

Methods or strategies used to combat or reduce the effect of influence attempts by others.

Assertiveness

The quality of being self-assured and confident without being aggressive, in order to express one's opinions and needs directly.

Determination

A quality of persistently pursuing one's goals despite challenges.