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The following are budgeted data: Sales in units Production in units January 16,600 19,600 February...

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Accounting

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The following are budgeted data: Sales in units Production in units January 16,600 19,600 February 23,200 20,600 March 19,600 19,300 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% of the following month's production needs. Purchases of raw materials for February would be budgeted to be: Multiple Choice 20,925 pounds 20,575 pounds 20,275 pounds 18,325 pounds

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