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Dustman Manufacturing Corporation's most recent production budget indicates the following required production: January 4,000 February 6,000 March 5,500 April 5,000 Required production (units) Each unit
Dustman Manufacturing Corporation's most recent production budget indicates the following required production: January 4,000 February 6,000 March 5,500 April 5,000 Required production (units) Each unit of finished product requires 3 feet of raw materials. The company maintains raw materials inventory equal to 2,000 feet plus 10% of the next month's expected production needs. The raw material used in Dustman Manufacturing Corporation's product costs $4.50 per foot. What is the value of raw material that Dustman Manufacturing should plan on purchasing for the month of February? Multiple Choice $80,325 $73,575 O $74,250 $81,000
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