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A company's budgeted production calls for 7 5 , 0 0 0 pounds in April and 7 1 , 0 0 0 pounds in May

A company's budgeted production calls for 75,000 pounds in April and 71,000 pounds in May of a key raw material that costs $1.75 per pound. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 22,500 pounds. What are the budgeted materials need in pounds for April?
Multiple Choice
96,300 pounds.
52,500 pounds.
76,600 pounds.
75,000 pounds.
73,800 pounds.
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