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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

  • 793,750

  • 893,500

  • 1,012,500

  • 476,250

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