Young Enterprises Has Budgeted Sales in Units for the Next

question 40

Multiple Choice

Young Enterprises has budgeted sales in units for the next five months as follows:

Past experience has shown that the ending inventory for each month should be equal to 10% of the next month's sales in units. The inventory on May 31 fell short of this goal since it contained only 400 units. The company needs to prepare a Production Budget for the next five months.
-The desired ending inventory for August is:

• A)540 units
• B)680 units
• C)720 units
• D)380 units

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Definitions:

Administrative Tasks

Routine duties related to the management and execution of office functions, including paperwork, scheduling, and record keeping.

Pay Raises

Incremental increases in an employee's salary or wages, typically awarded for performance, longevity, or cost of living adjustments.

Specific Performance

A legal remedy in contracts law by which a court requires a party to perform a specific act, often the fulfillment of contractual obligations.

Performance Evaluation

The systematic process of assessing and documenting an employee's work performance and providing feedback.