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Steinway Inc., the builder of large pianos and musical instruments is preparing its master budget for the second quarter. The following sales and production data

Steinway Inc., the builder of large pianos and musical instruments is preparing its master budget for the second quarter. The following sales and production data have been forecast as:

April

May

June

July

August

Unit sales

400

500

520

480

540

Finished goods inventory on March 31: 120 units

Raw materials inventory on March 31: 450 pounds

Desired ending inventory each month:

Finished goods: 30% of next month's sales

Raw materials: 25% of next month's production needs

Number of pounds of raw material required per finished unit: 4 lbs.

How many pounds of raw materials should Steinway purchase in April?

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