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ABC Ltd. makes and sells picture frames. A sales and production budget for the coming period follows: Sales Production January 10,000 11,000 February 12,000

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ABC Ltd. makes and sells picture frames. A sales and production budget for the coming period follows: Sales Production January 10,000 11,000 February 12,000 9,000 Each frame requires 3.0 meters of wood to produce. ABC began the period with 2,800 meters and their target ending inventory for wood is 20% of the next months production needs. How many meters of wood should ABC purchase in the month of March? Select one: O a. 25,875 O b. 26,250 O c. 26,375 O d. 29,075

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