Cowles Corporation Inc

question 143

Multiple Choice

Cowles Corporation Inc. ,makes and sells a single product,Product R.Three yards of Material K are needed to make one unit of Product R.Budgeted production of Product R for the next five months is as follows: The company wants to maintain monthly ending inventories of Material K equal to 30% of the following month's production needs.On July 31,this requirement was not met because only 3,500 yards of Material K were on hand.The cost of Material K is $0.80 per yard.The company wants to prepare a Direct Materials Purchase Budget for the rest of the year. The total cost of Material K to be purchased in August is:

• A)$47,650
• B)$38,120
• C)$30,350
• D)$24,280

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Definitions:

Learned Associations

The process by which individuals connect two stimuli or events through repeated experience, leading to a change in behavior.

Voting Place

A designated location where individuals go to cast their ballots during an election.

Operant Behavior

A type of behavior that is controlled by its consequences, including rewards for positive behavior or penalties for negative behavior.

Respondent Behavior

A behavior that occurs as an automatic response to a certain stimulus.