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A Company manufactures and sells one product which requires 8 kg of raw material in...

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Accounting

A Company manufactures and sells one product which requires 8 kg of raw material in its manufacture. The budgeted data relating to the next period are as follows: Units Sales 19,000 Opening inventory of finished goods 4,000 Closing inventory of finished goods 3,000 Kg Opening inventory of raw materials 50,000 Closing inventory of raw materials 53,000 What is the budgeted raw material purchases for next period (in kg)? A 141,000 B 147,000 C 157,000 D 163,000

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