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Charm Enterprises production budget shows the following units to be produced for the coming three months: April May June Units to be produced 2,610 2,930

Charm Enterprises production budget shows the following units to be produced for the coming three months: April May June Units to be produced 2,610 2,930 2,810 A finished unit requires three ounces of a key direct material. The March 31 Raw Materials Inventory has 2,637 ounces (oz.) of the material. Each month's ending Raw Materials Inventory should be 30% of the following month's production needs. Materials purchases in May should be:

Multiple Choice

8,682 oz.

Correct

8,790 oz.

6,153 oz.

11,319 oz.

6,261 oz.

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