Use the Information Below to Answer the Following Question(s)

question 154

Multiple Choice

Use the information below to answer the following question(s) .Contempo Futon manufactures futons.The estimated number of sales for the last quarter of 2018 is as follows:
Beginning finished goods inventory should be equal to 30 percent of that month's budgeted sales plus 10 percent of the following month's budgeted sales.January and February 2018 sales are anticipated to be 15,000 futons in each month.The cost to produce a futon is $125.
-What will be Contempo Futon's cost of goods manufactured for December?

• A)$3,937,500
• B)$3,750,000
• C)$2,812,500
• D)$2,625,000
• E)$3,187,500

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Definitions:

Critical Thinkers

Individuals who actively analyze, assess, and reconstruct their thinking, thereby making informed decisions or solving problems efficiently.

Multiple Health Problems

The concurrent presence of two or more clinical conditions in a patient, which can complicate diagnosis, treatment, and overall management.

Caring

The act of showing kindness, concern, and support for others, often considered a fundamental aspect of human connection and well-being.

Motivates

The process or factors that drive an individual to act or behave in a certain manner towards achieving a goal.