Addams,Inc.,is preparing its master budget for the second quarter.The following sales and production data have been forecasted:
Finished goods inventory on March 31: 120 units
Raw materials inventory on March 31: 450 pounds
Desired ending inventory each month:
Finished goods: 30% of next month's sales
Raw materials: 25% of next month's production needs
Number of pounds of raw material required per finished unit: 4 lbs.
How many pounds of raw materials should be purchased in April?

The immediate cash outflow required for this project would be:

A) $120,000.
B) $90,000.
C) $150,000.
D) $130,000.

A $700, 000, 20-year, 14% bond issue was sold to yield 12%.Interest was payable annually.Actuarial information for 20 periods follows:
$\begin{array}{lll}& 12\%& 14\%\\ \text{ Future value of }1& 9.646& 13.743\\ \text{ Present value of }1& 0.104& 0.073\\ \text{ Future value of annuity of }1& 72.052& 91.02\\ \text{ Present value of annuity of }1& 7.469& 6.623\end{array}$
Required:
Compute the amount of cash that was received when the bonds were issued.

In activity-based costing, each major activity has its own overhead cost pool, its own activity measure, and its own overhead rate.

Rent controls only affect the demand side of the rental market.
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Under rules of professional conduct that proscribe fraud, state authorities can discipline professionals for engaging in such misconduct.

The registrar office places university students on academic probation for not maintaining a minimum grade point average. What type of managerial decision is the registrar office taking?

A) nonprogrammed decision
B) crisis decision
C) decision making
D) programmed decision
E) business decision

Mikhail's claim has been denied once. Now, he is writing a second persuasive claim message to his digital media services company asking for a promised rebate package. Because he expects resistance, what should he do?

A) Appeal to the receiver's sense of responsibility and pride in the company's good name.
B) Begin by presenting his resolution to the problem.
C) Address the message to a department or "To Whom It May Concern."
D) Show specifically how the receiver or the receiver's company caused the problem.