Dual sourcing reduces the exposure of having a single supplier

Allain, Inc has the following budgeted figures

Jan Feb Mar April Sales $55,300 $62,000 $89,000 $95,000 Cost of goods sold 60% of sales Required ending inventory $15,000 + 20% of next month's sales Inventory on hand on Jan 1 $27,000 Calculate the ending merchandise inventory for the month of March. A) $32,800 B) $68,400 C) $33,580 D) $53,400

The Lanham Act, a uniform state statute, prohibits false and misleading advertising

Indicate whether the statement is true or false