Robust Resources Expects to Sell 440 Units of Product a and 400

question 78

Multiple Choice

Robust Resources expects to sell 440 units of Product A and 400 units of Product B each day at an average price of $18 for Product A and $27 for Product B.The expected cost for Product A is 40% of its selling price and the expected cost for Product B is 64% of its selling price.Robust Resources has no beginning inventory,but it wants to have a three-day supply of ending inventory for each product.Compute the company's budgeted sales for the next (seven-day) week.(Round the answer to the nearest dollar.)

• A)$10,080
• B)$56,160
• C)$131,040
• D)$18,720

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Definitions:

Impact-Investment Fund

A fund invested with the intention to create positive, measurable social and environmental impact alongside a financial return.

Social Venture Capitalist (SVC)

An investor who provides financial capital to start-up companies or small businesses with the intention of generating both social impact and financial returns.

Impact Investment

Investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return.

Enterprising Nonprofits

A form of social entrepreneurship where both the venture mission and the market impact are for social purposes.