Assume that ASC has zero cotton in its warehouse at the beginning of the year and budgets 1000 yards of cotton by 12/31. How many yards of cotton is ASC budgeted to purchase for the year?

Direct Materials Direct Labor VOH:utilities/grease/janitor Nylon Jogging Suits Cotton Jogging Suits Std.qty/suit Std prise/input Std.qty/suit Std.prise/input 2.5 yds/suit $20/yd 4 yds/suit $15/yd 5 dlh/suit $10/dih 4 dlh/suit $15/dlh 5 mh/suit $10/mh 8 mh/suit $10/mh