Wright & Boyle Company budgeted the following production in units for the second quarter of the year:
Each unit requires five pounds of raw material.Wright & Boyle's policy is to have 20% of the following month's production needs for materials in inventory.This policy was met in March.Raw materials purchases budgeted for May in pounds equal:
A) 219,000 pounds.
B) 202,400 pounds.
C) 45,600 pounds.
D) 171,600 pounds.
E) 225,600 pounds.
Correct Answer:
Verified
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