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Masterson Company's budgeted production calls fo 69,000 units in April and 65,000 units in May of a ke raw material that costs $1.75 per unit.

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Masterson Company's budgeted production calls fo 69,000 units in April and 65,000 units in May of a ke raw material that costs $1.75 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April inventory for this material is 20,700 units. What is th budgeted materials purchases for April? Multiple Choice $123,550. $118,650

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