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G Inc. is creating its budgets for next year. They expect production of 15171 units...

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Accounting

G Inc. is creating its budgets for next year. They expect production of 15171 units for Quarter 1 and 10830 units for Quarter 2 and the following requirements: Ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units and 4 pounds of raw materials are required for each unit produced. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs in material. There is 9865 lbs of raw materials in inventory at the end of the current year. What is the budgeted Raw Material purchases in lbs in the first quarter of next year? Round ONLY your final answer to the nearest unit and enter as a positive number. Do NOT round intermediate calculations.

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