Examlex

Solved

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

question 13

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 2018 is:  Month  Sales  October 10,000 November 7,000 December 5,000 January 6,000\begin{array} { l r } \text { Month } & \text { Sales } \\\hline \text { October } & 10,000 \\\text { November } & 7,000 \\\text { December } & 5,000 \\\text { January } & 6,000\end{array} Finished goods inventory at the end of September is 2,000 units. Finished goods inventory is set at 30 percent of next month's sales.
-Refer to the table above. How many sets of patio furniture will be produced in December 2018?


Definitions:

Personal Well-Being

Personal well-being is the overall state of an individual's emotional, psychological, and social health and happiness.

Sensual Pleasure

Enjoyment derived from gratifying bodily senses, such as taste, touch, and smell, often associated with a heightened sense of satisfaction and pleasure.

Optimism

An inclination to maintain a positive outlook and to expect the most favorable outcomes in situations.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, which they pursue in a hierarchical order.

Related Questions