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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
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Grit Inc. plans to sell units of product A next year. Each unit of product A requires pounds of direct material Direct material costs $ per pound. Direct material on hand on January of next year, amounts to pounds and management desires to have an ending direct material inventory of of beginning direct material inventory. Finished goods inventory on hard on January amounts to units. Management desires to have finished goods on hand on December of next year. Compute the number of pounds of direct materials to be purchased during the year.
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