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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) | 35,600 | 31,000 | 34,200 |
Budgeted production (in units) | 34,900 | 34,100 | 42,500 |
Desired ending inventory of cloth (in yards) | 4,950 | 3,300 | 2,790 |
|
How many yards of cloth should Rhett plan on purchasing in May?
156,850 yards
168,850 yards
175,450 yards
173,800 yards
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