Question 5 Study Ld purchases oil and refines it before onward sale. Budgeted sales of the refined oil are as follows: January Februrary March Litres 20.000 30.000 40.000 50% of the oil needed for the (1) The target month-end inventory of unrefined o following month's budgeted production (2) The target month-end inventory of refined oil is sales. 20% of the next month's budgeted Calculate the budgeted usage of unrefined oil for January litres