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Sheridan Exports, Inc. budgets on an annual basis for its fiscal year. The following beginning...

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Accounting

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Sheridan Exports, Inc. budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1, 2021 to June 30, 2022: Raw Materials June 30, 2022 3070 kilos June 30, 2021 1960 kilos Three kilos of raw materials are needed to produce each unit of finished product. If Sheridan Exports plans to produce 279900 units during the 2021-2022 fiscal year, how many kilos of materials will the company need to purchase for its production during the year? 840810 0838590 842770 839700

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