Fantastic Futons Manufactures Futons $$\begin{array} { l l } \text { January } & 40,000 \\\text { February } & 50,000 \\\text { March } & 60,000\end{array}$$

question 41

Multiple Choice

Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2010 are as follows: $$\begin{array} { l l } \text { January } & 40,000 \\\text { February } & 50,000 \\\text { March } & 60,000\end{array}$$ Finished goods inventory at the end of 2009 was 12,000 units. On average, 25 percent of the futons are produced during the month before they are sold, which normally accounts for the ending balance in finished goods inventory. The planned selling price is $150 per unit.
What would be the sales budget for March?

• A) $7,200,000
• B) $8,000,000
• C) $6,750,000
• D) $9,000,000

Comprehend the significance of network standards and protocols for successful communication.

Utilize internet resources effectively for research and information gathering.

Understand the basics of software application use for various tasks, including photo editing and website creation.

Grasp the concept of software development, including phases and key activities.

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Definitions:

Operating Cash Flows

The cash generated from the primary revenue-producing activities of a business, indicating its health and ability to generate funds internally.

Pro Forma Statements

Financial statements prepared to show the effects of future events or transactions, typically used in projections.

Bottom-Up Approach

An investment analysis approach focusing on individual stocks or companies, as opposed to the broader market conditions or economic trends.

Operating Cash Flow

The total amount of cash generated by a company's normal business operations.