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Question 7 Grit Inc. plans to sell 3 , 5 0 0 units of product A next year. Each unit of product A requires 2

Question 7
Grit Inc. plans to sell 3,500 units of product A next year. Each unit of product A requires 2.5 pounds of direct material x. Direct material x costs $.75 per pound. Direct material x on hand on January 1 of next year, amounts to 1,500 pounds and management desires to have an ending direct material inventory of 140% of beginning direct material inventory. Finished goods inventory on hard on January 1 amounts to 900 units. Management desires to have 9-- finished goods on hand on December 31 of next year. Compute the number of pounds of direct materials to be purchased during the year.
5,250
9,100
8,500
8,750
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