Use the Information Below to Answer the Following Questions Finished Goods Inventory at the End of September Is 2,000

question 45

Multiple Choice

Use the information below to answer the following questions.
Patiomaster Products manufactures patio furniture. The estimated numbers of sets to be sold for the last three months of 2015 is:
$\begin{array}{lr}\text { Month}&\text { Sales }\\\text { October } & 10,000 \\\text { November } & 7,000 \\\text { December } & 5,000 \\\text { Tanuary } & 6,000\end{array}$ Finished goods inventory at the end of September is 2,000 units. Finished goods inventory is set at 20 percent of next month's sales.
-Refer to the table above.How many sets of patio furniture will be produced in December 2015?

• A) 7,200 units.
• B) 6,200 units.
• C) 5,200 units.
• D) 6,400 units.

Distinguish between the hepatic portal vein and hepatic vein in terms of their roles and destinations.

Know the branches of the aortic arch and their significance.

Learn about the arterial supply to the brain, including the cerebral arterial circle and arteries at the base of the brain.

Understand the formation of superior and inferior vena cava and the veins contributing to these structures.

---

Definitions:

Pure Monopoly

A market structure characterized by a single seller selling a unique product in the market. In a pure monopoly, the single seller controls the entire market supply and sets the price.

Demand Schedule

A table or graph showing the quantity of a good or service that consumers are willing and able to purchase at various prices.

Economic Profit

Profit calculated by subtracting both explicit and implicit costs from total revenues, showing the actual financial gain or loss.

Cost Data

Information related to the expenses incurred in the production of goods or services, including raw material, labor, and overhead costs.