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ABC Company's budgeted sales for June, July, and August are 13, 400, 17, 400, and 15, 400 units, respectively. ABC requires 30% of the next
ABC Company's budgeted sales for June, July, and August are 13, 400, 17, 400, and 15, 400 units, respectively. ABC requires 30% of the next month's budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 4, 020 units. Each unit that ABC Company produces uses 3 pounds of raw material. ABC requires 25% of the next month's budgeted production as raw material inventory each month. Required: Calculate the number of pounds of raw material to be purchased in June. Number of pounds _______
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