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Garry Corporation's most recent production budget indicates the following required production: October November December Required production (units) 210,000 175,000 110,000 Each unit of finished product
Garry Corporation's most recent production budget indicates the following required production:
October | November | December | |||||||
Required production (units) | 210,000 | 175,000 | 110,000 | ||||||
Each unit of finished product requires 3 pounds of raw materials. The company maintains raw materials inventory equal to 25% of the next month's expected production needs. How many pounds of raw material should Garry plan on purchasing for the month of November?
Multiple Choice
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793,750
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893,500
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1,012,500
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476,250
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