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Marst Corporation's budgeted production in units and budgeted raw material purchases over the next three months are given below January February March Budgeted production (in
Marst Corporation's budgeted production in units and budgeted raw material purchases over the next three months are given below January February March Budgeted production (in units) 71,200 Budgeted raw materials purchases (in pounds) 86,000 147,720 169,600 164.800 Two pounds of raw materials are required to produce one unt of product. The company wants raw materials on hand at the end of each month equal to 20% of the following months production needs. The company is expected to have 28.480 pounds of raw materials on hand on January 1 Budgeted production for February should be Me Choice 54500 6.500
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