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Case Manufacturing expects to have 51,000 pounds of raw materials Inventory on hand on June 30, the end of the current year. The company has
Case Manufacturing expects to have 51,000 pounds of raw materials Inventory on hand on June 30, the end of the current year. The company has budgeted the following production for the first four months of the coming year: Production (units) July 111,000 August 131,000 September 161,000 October 121,000 Case Manufacturing desires each month's ending raw materials Inventory to be 30% of the following month's production needs. A finished unit requires two pounds of raw materials. Case Manufacturing's budgeted purchases of materials for September is: Multiple Choice 96,600 pounds 280,600 pounds 300,600 pounds 298,000 pounds 322,000 pounds
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