Ca culator Yummy Jams Company produces a line of jams. Yummy's estimated production of jars...
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Ca culator Yummy Jams Company produces a line of jams. Yummy's estimated production of jars of jam for the fourth quarter of the year is as follows: October November December 75,000 98,000 63,000 Each jar requires half a pound of berries. Yummy prefers to buy the freshest berries, so its policy is to have just 3% of the following month's production needs in ending inventory. On October 1, the company had 1,125 pounds of berries in inventory. Yummy's pays $0.60 per pound of berries. It buys all berries on account and typically pays 40% of a month's purchases in that month, and the remaining 60% the following month. How many pounds of berries will be purchased during the month of November? a. 48,475 b. 23,375 c. 49,945 d. 39,925 Oe. 41,950 Previous Next > 2 .00 12/9/20
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