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Masterson Company's budgeted production calls for 75,000 units in April and 71,000 units in May of a key raw material that costs $1.75 per unit.

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Masterson Company's budgeted production calls for 75,000 units in April and 71,000 units in May of a key 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 1 inventory for this material is 22,500 units. What is the budgeted materials purchases for April? Multiple Choice 6:46 k $134,050 $129,150. $131,250. $91,875. $168.525

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