Chu Company Provided the Following Information Related to Its Inventory

question 89

Multiple Choice

Chu Company provided the following information related to its inventory sales and purchases for December 2013 and the first quarter of 2014: $$\begin{array} { | l | c | c | c | c | c | } \hline & \text { Dec. } 2013 & \text { Jan. } 2014 & \text { Feb. 2014 } & \text { Mar. } 2014 \\\hline & \text { (Actual) } & \text { (Budgeted) } & \text { (Budgeted) } & \text { (Budgeted) } \\\hline \text { Cost of goods sold } & \$ 80,000 & \$ 140,000 & \$ 180,000 & \$ 120,000 \\\hline\end{array}$$ Desired ending inventory levels are 25% of the following month's projected cost of goods sold. Budgeted purchases of inventory in February 2014 would be:

• A) $135,000.
• B) $165,000.
• C) $180,000.
• D) $225,000.

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Definitions:

Authoritative Parenting

A parenting style characterized by high responsiveness and high demands, blending a supportive tone with firm enforcement of rules.

Gender Awareness

The understanding and recognition of gender and its impact on identity, roles, and societal expectations.

Authoritative Parenting

A parenting style marked by a combination of high warmth and high control, balancing demands with responsiveness to children's needs.

Egalitarian

Relating to the principle that all people are equal and deserve equal rights and opportunities.