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24 If there were 60,000 pounds of direct materials on hand on January 1,120,000 pounds are desired for inventory at January 31 , and 410,000

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24

If there were 60,000 pounds of direct materials on hand on January 1,120,000 pounds are desired for inventory at January 31 , and 410,000 pounds are required for January production, how many pounds of direct materials should be purchased in January? A) 290,000 pounds B) 350,000 pounds C) 470,000 pounds D) 530,000 pounds E) none of the above

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