Southern Inc $$\begin{array} { l l } \text { July } & 80,000 \\\text { August } & 90,000 \\\text { September } & 70,000\end{array}$$

question 91

Multiple Choice

Southern Inc. produces a line of salsas. Southern Inc. estimated production of jars of salsa for the third quarter of the year is as follows:
Each jar requires 0.25 kg of peppers. Southern Inc. prefers to buy the freshest peppers, so its policy is to have just 5% of the following month's production needs in ending inventory. On July 1, the company had 1,200 kg of peppers in inventory. Southern Inc. pays $0.40 per kilogram of peppers. It buys all peppers on account and typically pays 50% of a month's purchases in that month, and the remaining 50% the following month. $$\begin{array} { l l } \text { July } & 80,000 \\\text { August } & 90,000 \\\text { September } & 70,000\end{array}$$
-Refer to the Figure.What is the cost in dollars of purchases for July?

• A)$7,970
• B)$8,450
• C)$19,925
• D)$33,320

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Definitions:

Infinite Number

A quantity that is larger than any specific, finite number, often found in mathematics to describe a limitless quantity.

Positive Scores

Numerical values above zero, often indicating the magnitude of favorable outcomes or measurements.

Negative Scores

Values that fall below the established point of origin or benchmark in a data set, indicating a deficit or loss.

Inferential Statistics

The branch of statistics that aims to draw conclusions about a population based on a sample.