The TS Corporation Has Budgeted Sales for the Year as Follows

question 108

Multiple Choice

The TS Corporation has budgeted sales for the year as follows: The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 2,500 units. Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,200 pounds. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs in material. Scheduled purchases of raw materials for the second quarter should be:

• A)50,000 pounds
• B)55,800 pounds
• C)50,800 pounds
• D)55,000 pounds

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Definitions:

Internal Human Resource Sources

Recruiting methods that involve filling job vacancies with current employees or individuals already known to the organization, such as through promotions or internal transfers.

HR Demand

The projected requirement for human resources in an organization based on future business activities, strategic goals, and workforce planning.

External Human Resource Sources

Refers to methods of filling job vacancies or acquiring talent from outside the organization, including recruitment agencies, job boards, and social media.

Licensed Practical Nurses

Nurses who have completed the necessary training and have obtained a license to provide basic medical care under the supervision of registered nurses or doctors.