Questions
LC Decision Making & Control 32181 Week 7 Quiz: Introduction to Budget
Single choice
What is the opening inventory of materials in September?
Options
A.12,00
B.11,250
C.9,750
D.10,500
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Step-by-Step Analysis
Question restatement: What is the opening inventory of materials in September?
Option 1: 12,00. This appears to be a misformatted number (likely intended as 12,000 or 1,200) and does not align with the common scale used in monthly inventory figures. The missing zero or decimal point makes it ambiguous and unlikely to be the opening stock.
Option 2: 11,250. This is a plausible figure for inventory, but without additional data (such as prior period ending or production activity), there is no basis to select it as the open......Login to view full explanationLog in for full answers
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