Question
LowLowLow Co. makes one product. Budgeted unit sales for the next four months are as follows: January = 56,000units; February = 58,000 units; March =
LowLowLow Co. makes one product. Budgeted unit sales for the next four months are as follows: January = 56,000units; February = 58,000 units; March = 61,000 units; April = 65,000 units. The ending finished goods inventory equals20% of the following month's sales. The ending raw materials inventory equals 15% of the following months rawmaterials producon needs. Each unit of finished goods requires 6 grams of raw materials. The raw materials cost $2.00per gram. How many grams of raw materials should LowLowLow plan to purchase for February?350,700 grams348,720 grams370,800 grams351,600 grams354,480 grams
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