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Otis Company's budgets production of 46,000 units in August and 44,000 units in September. Each finished unit requires 2 pounds of raw material A that
Otis Company's budgets production of 46,000 units in August and 44,000 units in September. Each finished unit requires 2 pounds of raw material A that costs $3.00 per pound. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The August 1 inventory for this material is 27,600 pounds. What is the budgeted materials need in pounds for August?
90,800 pounds.
88,000 pounds.
118,400 pounds.
92,000 pounds.
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