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tha Urias: Attempt 1 Starwood makes and sells lawn chairs. Each lawn chair uses 80 pounds of plastic Budgeted production of lawn chairs in units
tha Urias: Attempt 1 Starwood makes and sells lawn chairs. Each lawn chair uses 80 pounds of plastic Budgeted production of lawn chairs in units for the next three months is as follows: July. August September Budgeted production 18,000 20,000 22,000 The company wants to maintain monthly ending inventories of plastic equal to 20% of the material needs for the following month's production. The cost of plastic is $3.50 per pound. What is the amount of direct material purchases for August? $82,320 $23,520 $70,000 $57,120
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