The Tobler Company has budgeted production for next year as follows:
Four kilograms of raw materials are required for each unit produced.Raw materials on hand at the start of the year total 4,000 kilograms.The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs.Budgeted purchases of raw materials in kilograms in the third quarter will be?
A) 50,400.
B) 56,800.
C) 62,400.
D) 63,200.
Correct Answer:
Verified
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