Leonard Company Is Preparing Its Second Quarter Production Budget

question 6

Multiple Choice

Leonard Company is preparing its second quarter production budget. Projected sales in units are 600 for April, 680 for May, and 750 for June. Leonard's policy is to have finished goods inventory equal to 20 per cent of the next month's projected unit sales. What should be the production quota for May?

• A)830 units.
• B)694 units.
• C)680 units.
• D)666 units.

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Definitions:

Major State Employer

A major employer within a particular state, typically referring to businesses or organizations that employ a large portion of the state's workforce and have significant economic influence.

Three-Strikes Laws

Legislation that imposes severe penalties on repeat offenders, usually mandating a life sentence on the third conviction of a serious crime.

Brutally Remorseless

Describes an individual or action that is extremely cruel without any sign of regret or guilt.

Violent Crimes

Acts of crime that involve force or threat of force against others, including robbery, assault, and murder.