Beedie Company Has Two Products: Beedlez and Bugz

question 150

Multiple Choice

Beedie Company has two products: Beedlez and Bugz. A March sales forecast projects 20,000 units of Beedlez and 15,000 units of Bugz are going to be sold at prices of $10 and $12, respectively. The desired ending inventory of Beedlez is 20% higher than the beginning inventory, which was 2,000 units. How much are total March sales for Beedlez anticipated to be?

• A) $200,000
• B) $180,000
• C) $100,000
• D) $240,000

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Definitions:

Form 941

A tax form used by employers to report quarterly federal payroll taxes, including amounts withheld from employees' paychecks and the employer's portion of social security and Medicare taxes.

Social Security

Government program that provides financial assistance to people with an inadequate or no income.

Medicare Taxes

Taxes collected from earnings to fund the Medicare program, providing health insurance to individuals aged 65 and older or those who meet specific criteria.

FUTA

The Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.