Assume the sales budget for April and May is 33,000 units and 35,000 units, respectively....
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Accounting
Assume the sales budget for April and May is 33,000 units and 35,000 units, respectively. The production budget for the same two months is 30,000 units and 31,000 units, respectively. Each unit of finished goods required 4 pounds of raw materials. The company always maintains raw materials inventory equal to 25% of the following month's production needs. How many pounds of raw material need to be purchased in April?
Multiple Choice
120,500
121,000
123,000
124,900
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