Production of Product 101 has been budgeted at 300,000 units for June.One unit of Product 101 requires 3 lbs.of raw material.The projected beginning and ending materials inventory for June are:
Beginning inventory: 4,000 lbs.
Ending inventory: 16,000 lbs.
How many lbs.of material should be purchased during June?

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The Answer of Production of Product 101 has been budgeted at 300,000 units for June.One unit of Product 101 requires 3 lbs.of raw material.The projected beginning and ending materials inventory for June are:
Beginning inventory: 4,000 lbs.
Ending inventory: 16,000 lbs.
How many lbs.of material should be purchased during June?

Production of Product 101 Has Been Budgeted at 300,000 Units