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

question 72

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.If a patio set costs $100 to produce,what will be the cost of sales in the budgeted statement of comprehensive income for the period October to December 2015?

• A) $1,800,000.
• B) $1,900,000.
• C) $2,200,000.
• D) $1,500,000.

Explain how societal and cultural factors, including media exposure, influence the perception and reality of mental health disorders.

Understand the historical development and implications of psychological diagnostic criteria, including changes within the DSM.

Recognize the symptoms and treatments of obsessive-compulsive disorder.

Describe the factors associated with suicidal thoughts and behaviors, as well as non-suicidal self-injury.

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Definitions:

Sequestering Effect

The process of removing or isolating a chemical or substance from the environment, often used in carbon capture to reduce atmospheric CO2.

Serial Position Effect

A cognitive phenomenon whereby items at the beginning and end of a list are remembered more easily and accurately than those in the middle.

Serial Position Effect

A phenomenon in memory which suggests that when learning a list of items, the probability of recalling an item is dependent on its position in the list, with early and late items being more likely to be remembered than middle items.

Primacy Effect

The tendency to remember information that is presented first or early in a list more effectively than information presented later.