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TB MC Qu. 07-94 (Algo) Masterson Company's budgeted... Masterson Company's budgeted production calls for 72,000 units in April and 68,000 units in May of a
TB MC Qu. 07-94 (Algo) Masterson Company's budgeted... Masterson Company's budgeted production calls for 72,000 units in April and 68,000 units in May of a key raw material that costs $1.90 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 21,600 units. What is the budgeted materials purchases for April? $139,840. $134,520. $136,800. $95,760. $175,560
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