TB MC Qu. 8-61 The following are budgeted ...

The following are budgeted data:

	January			February		March
Sales in units	15,200			20,400		18,200
Production in units	18,200			19,200		17,100

One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 30% of the following month's production needs. Purchases of raw materials for February would be budgeted to be:

Garrison 16e Rechecks 2017-10-03