Answer the Following Questions Using the Information Below:
Beerwah Company

question 154

Multiple Choice

Answer the following questions using the information below:
Beerwah Company provides the following data for next year:
$$\begin{array} { l r } \text { Month } & \text { Budgeted Sales } \\\text { January } & \$ 160000 \\\text { February } & 144000 \\\text { March } & 176000 \\\text { April } & 192000\end{array}$$ The gross profit rate is 40% of sales.Inventory at the end of December is $21 600 and target ending inventory levels are 30% of next month's sales,stated at cost.
-Purchases budgeted for February total:

• A)$92 160.
• B)$115 200.
• C)$60 480.
• D)$64 800.

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Definitions:

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.

Effective Visuals

Visually appealing and informative graphic elements such as charts, graphs, and images used to enhance understanding and retention of information.

Quarterly Sales

The total revenue or units sold by a company in a three-month period.

Line Graph

A visual consisting of lines that show trends or allow the viewer to interpolate values between the observed values.