The Tobler Company Has Budgeted Production for Next Year as Follows

question 133

Multiple Choice

The Tobler Company has budgeted production for next year as follows: Four pounds of raw materials are required for each unit produced.Raw materials on hand at the start of the year total 4,000 pounds.The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs.Budgeted purchases of raw materials in the third quarter would be:

• A)63,200 pounds
• B)62,400 pounds
• C)56,800 pounds
• D)50,400 pounds

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Definitions:

Expert Power

The ability to influence others based on the possession of knowledge, skills, or expertise that is recognized and respected.

Politics

Activities associated with governing, decision-making in organizations, or the exercise of authority in complex systems of relationships.

Job Performance

The extent to which an employee carries out their tasks and duties effectively, efficiently, and to the satisfaction of their superiors.

Political Skill

The ability to effectively understand others at work and to use such knowledge to influence others to act in ways that enhance one's personal or organizational objectives.