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Boulware Company's budgeted production calls for 6,900 units in October and 9,900 units in November. Each unit requires 7 pounds (lbs.) of raw material A.
Boulware Company's budgeted production calls for 6,900 units in October and 9,900 units in November. Each unit requires 7 pounds (lbs.) of raw material A. Each month's ending inventory of raw materials should equal 25% of the following month's budgeted materials requirements. The October 1 inventory for this material is 12,075 pounds. What is the budgeted materials purchases in pounds for October?
- 48,300 lbs.
- 53,550 lbs.
- 65,625 lbs.
- 77,700 lbs.
- 41,175 lbs.
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