Multiple Choice
Each unit requires four pounds of raw material. Saphire's policy is to have 30% of the following month's production needs for materials in inventory. This policy was met in March.
-Refer to Figure 9-1. Raw materials purchases budgeted for May in pounds equal:
A) 156,800
B) 202,400
C) 45,600
D) 171,600
E) 225,600
Correct Answer:
Verified
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