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    Exam 22: The Master Budget and Responsibility Accounting
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    Lan Corporation Had Beginning Inventory of $42,000 and Expects Cost
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Lan Corporation Had Beginning Inventory of $42,000 and Expects Cost

Question 1

Question 1

Multiple Choice

Lan Corporation had beginning inventory of $42,000 and expects cost of sales of $96,000 units during the month. Desired ending inventory is $31,000. How much inventory should Lan Corporation purchase?


A) $65,000
B) $73,000
C) $85,000
D) $107,000

Correct Answer:

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