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Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below: Budgeted production (In units) Budgeted raw
Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below: Budgeted production (In units) Budgeted raw materials purchases (in pounds) January 58.000 125.600 February ? 151,600 March 80,000 207,600 Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs. The company is expected to have 29,000 pounds of raw materials on hand on January 1. Budgeted production for February should be 74.000 units 0 48,000 units 103.600 units O 96,000 units
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