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Masterson Company's budgeted production calls for 59,000 units in April and 55,000 units in May of a key raw material that costs $170 per unit.

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Masterson Company's budgeted production calls for 59,000 units in April and 55,000 units in May of a key raw material that costs $170 per unit. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 11,800 units. What is the budgeted materials purchases for April? Multiple Choice $104,380 O $119,000 $80,240 O $100,300 $98,940 O

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