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Assume that a company expects to produce 11,600,12,600, and 14,600 units of finlshed goods in Jamuary, February, and March, respectively, Each unit of finished goods

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Assume that a company expects to produce 11,600,12,600, and 14,600 units of finlshed goods in Jamuary, February, and March, respectively, Each unit of finished goods requires 3 pounds of raw material and each pound of raw material costs $5.00. The company always maintains an ending raw materials inventory equal to 20% of next month's producton needs. What is the amount of expected raw materials purchases for February

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