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1 1 Assume that a company expects to produce 1 0 , 0 0 0 , 1 1 , 0 0 0 , and 1

11
Assume that a company expects to produce 10,000,11,000, and 13,000 units of finished goods in January, February, and March, respectively. Each unit of finished goods requires 3 pounds of raw material and each pound of raw material costs $1.50. The company always maintains an ending raw materials inventory equal to 30% of next month's production needs. What is the amount of expected raw materials purchases for February?
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01:08:56
$52,200
$17,400
$46,800
$17,100
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