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table [ [ Month , Units ] , [ April , 2 , 5 6 0 ] , [ May , 2 , 4
tableMonthUnitsAprilMayJune
The target ending inventory of finished products is as follows.
tableMarch April May June
units of material are required for each unit of finished product. Production for July is estimated at units to start building inventory for the fall sales period. Rensing's policy is to have an inventory of raw materials at the end of each month equal to of the following month's production requirements.
Raw materials are expected to cost $ per unit throughout the period.
Calculate the May raw materials purchases in dollars.
Raw material purchases cost
$How to solve
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