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Rhett Corporation manufactures and sells dress shirts. Each shirt (unit) requires 5 yards of cloth. Selected data from Rhett's master budget for next quarter are
Rhett Corporation manufactures and sells dress shirts. Each shirt (unit) requires 5 yards of cloth. Selected data from Rhett's master budget for next quarter are shown below:
April | May | June | |
Budgeted sales (in units) | 30,700 | 32,800 | 33,700 |
Budgeted production (in units) | 31,100 | 32,600 | 45,600 |
Desired ending inventory of cloth (in yards) | 4,710 | 4,440 | 3,150 |
|
How many yards of cloth should Rhett plan on purchasing in May?
162,730 yards
150,730 yards
167,710 yards
167,440 yards
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