Emerald Company budgeted the following production in units for the first quarter of the year:
Each unit requires 3 kg of raw material. Emerald's policy is to have 20% of the following month's production needs for materials in inventory. On January 1, the raw materials inventory equalled 11,000 kg.
-Refer to the Figure.How many kilograms of raw materials purchases were budgeted for in February?
A) 30,000 kg
B) 32,000 kg
C) 54,000 kg
D) 72,000 kg
Correct Answer:
Verified
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