Comfy IncUses Five Yards of Wool in Each Blanket It Produces

question 32

Multiple Choice

Comfy Inc.uses five yards of wool in each blanket it produces.Comfy's production budget next year is 30,000 blankets.The anticipated wool inventory at January 1 is 30,000 yards,but the company desires to reduce the inventory to 20,000 yards by the end of the year.Each yard of wool costs $10.How many yards of wool should Comfy purchase?

• A)200,000 yards
• B)140,000 yards
• C)170,000 yards
• D)1,400,000 yards

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Definitions:

Uniform Anatomical Gifts Act (UAGA)

Legislation that facilitates the donation of organs and tissues for transplantation purposes.

Bequeath

The act of leaving personal property to someone through a will.

Personal Representative

A personal representative is an individual appointed to administer the estate of a deceased person under a will or through a court process.

Nonprobate

Refers to assets or property that will pass to survivors by means other than a will, such as through trust or designated beneficiary.