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Estimated Sales 1 0 0 0 units Desired Finished Goods Ending Inventory 1 3 0 units Finished Goods Beginning Inventory 8 0 units Beginning WIP

Estimated Sales 1000 units
Desired Finished Goods Ending Inventory 130 units
Finished Goods Beginning Inventory 80 units
Beginning WIP 0 units
Desired Ending WIP 0 units
Raw Materials Needed per unit 2.4 lbs
Raw Materials Beginning Inventory 500 lbs
Desired Raw Materials Ending Inventory 400 lbs
Raw Materials Cost per Pound $1.12
What is the expected cost of raw materials that will need to be purchased during the period?

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