Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Inventory Ending Inventory Finished goods (units) 27,000 37,000 Raw material (grams) 57,000 47,000 Each unit of finished goods requires 3 grams of raw material. The company plans to sell 340,000 units during the year. How much of the raw material should the company purchase during the year?

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year Ending Beginning Inventory 27,000 57,000 Inventory Finished goods (units) Raw material (grams) 37,000 47,000 Each unit of finished goods requires 3 grams of raw material. The company plans to sell 340,000 units during the year How much of the raw materlal should the company purchase during the year? Multiple Cholce 1,097,000 grams 1,067,000 grams 1,040,000 grams 1,050,000 grams