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55. Doanne Food Processing expects to have 36,000 pounds of raw materials mventory on hand on March 3 1 , the end of the current

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55. Doanne Food Processing expects to have 36,000 pounds of raw materials mventory on hand on March 3 1 , the end of the current year. The companyr budgets 1e following production (in I units) for the rst four months of the coming year: April 120,0 00 May 130.000 June 140,000 .Tuly 120.000 For the budgeting period, the firm desires each month's ending ran.l material inventory to he 10% of the next month's production needs. A nished unit requires three pounds of raw materials. Budgeted purchases for raw materials during Apl should be: A. 224,000. B. 360,000. C. 363 .000. D. 399m- Ask a homework question E. 435000. Q] '-"-:i '.I.I'.:::r3 -.-'I.I'E I_"-"||I"|

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