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QBF11 LL company manufactures sports suits. The budgeted suits to be produced and sold are below: June Expected Production 3,700 2,900 Expected Sales 2,800 3,500
QBF11 LL company manufactures sports suits. The budgeted suits to be produced and sold are below: June Expected Production 3,700 2,900 Expected Sales 2,800 3,500 2,900 July August 3,100 It takes 2 yards of raw material to produce a suit. The cost of raw material per yard = $10. The company's policy is to maintain a finished goods inventory at the end of each month equal to 10% of next month's expected sales; and to maintain a raw material ending inventory at the end of each month equal to 15% of next month's production needs. The budgeted number of yards to be purchased in July is ................. yards
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