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The company wants to maintain a desired ending raw material inventory in the current quarter equal to 10% of the next quarter's production. The only

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The company wants to maintain a desired ending raw material inventory in the current quarter equal to 10% of the next quarter's production. The only raw material used to produce a single unit is the 2 pounds of molding material. The material costs $1.20 per pound. The company began the first quarter of year 3 with 6,600 pounds in the beginning raw material inventory. What is the desired ending inventory for quarter 2 ? 4,0006,6006,5003,250

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