Kyoto, Inc. predicts the following sales in units for the coming four months: Although each month's ending inventory of finished units should be 60% of the next month's sales, the March 31 finished goods inventory is only 100 units. A finished unit requires five pounds of raw material
A) 1,418 lb.
B) 1,460 lb.
C) 1,502 lb.
D) 264 lb.
E) 283 lb.
Correct Answer:
Verified
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