Marple Company's budgeted production in units and budgeted raw materials purchases over the next three months are given below:
Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs. The company is expected to have 36,000 pounds of raw materials on hand on January 1. Budgeted production for February should be:

Question

Marple Company's budgeted production in units and budgeted raw materials purchases over the next three months are given below: 
Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs. The company is expected to have 36,000 pounds of raw materials on hand on January 1. Budgeted production for February should be:

Quizplus · Accepted Answer

The Answer of Marple Company's budgeted production in units and budgeted raw materials purchases over the next three months are given below: 
Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs. The company is expected to have 36,000 pounds of raw materials on hand on January 1. Budgeted production for February should be:

Marple Company's Budgeted Production in Units and Budgeted Raw Materials