The following are budgeted data: Sales in units Production in units January February March 15,900...

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Accounting

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The following are budgeted data: Sales in units Production in units January February March 15,900 21,800 18,900 18,900 19,900 17,900 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs. Purchases of raw materials for February would be budgeted to be Multiple Choice 0 20.300 pounds 20,500 pounds 19.500 pounds Multiple Choice o ( 20,300 pounds o 20,500 pounds o 19,500 pounds o 18,400 pounds

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