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Assume that a company expects to produce 10.400, 11,400, and 13,400 units of finisthed goods in January, February, and March, respectively, Each unit of finished

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Assume that a company expects to produce 10.400, 11,400, and 13,400 units of finisthed goods in January, February, and March, respectively, Each unit of finished goods requires 3 pounds of raw material and each pound of raw material costs $2.00. The company always maintains an ending raw materials inventory equal to 20% of next month's production needs. What is the amount of expected raw materials purchases for February? Mutiple Choice $24,720 567,200 370,800 535.400

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