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Hardin Corp. sells a single product. Budgeted sales for the year are anticipated to be 320,000 units: the estimated beginning inventory is 24,000 units and
Hardin Corp. sells a single product. Budgeted sales for the year are anticipated to be 320,000 units: the estimated beginning inventory is 24,000 units and the desired ending inventory is 27,000 units. Each unit of finished product requires 3 pounds of direct materials at a cost of $4.50 per pound. There will be no changes in the direct materials inventory this year. What is the budgeted cost of direct materials to be used this year?
A. 4,150,000
B. 4,320,000
C. 4,340,250
D. 4,360,500
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