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The following information has been projected for Sommers Inc. for March: Sales 50,000 units Finished Goods Beginning Inventory 8,000 units Finished Goods Ending Inventory 4,000

The following information has been projected for Sommers Inc. for March:

Sales 50,000 units
Finished Goods Beginning Inventory 8,000 units
Finished Goods Ending Inventory 4,000 units

The selling price is $40 per unit. Each unit requires 4 pounds of material which costs $6 per pound. The beginning inventory of raw materials is 12,000 pounds. The company wants to have 3,000 pounds of material in inventory at the end of March. Determine Sommers' budgeted production for March?

Question 8 options:

46,000 units
38,000 units
54,000 units
62,000 units

Question 9 (2.5 points)

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Use the following information to answer Questions 8 & 9:

The following information has been projected for Sommers Inc. for March:

Sales 50,000 units
Finished Goods Beginning Inventory 8,000 units
Finished Goods Ending Inventory 4,000 units

The selling price is $40 per unit. Each unit requires 4 pounds of material which costs $6 per pound. The beginning inventory of raw materials is 12,000 pounds. The company wants to have 3,000 pounds of material in inventory at the end of March.

Determine the budgeted material purchases (in $) for March?

Question 9 options:

$1,206,000
$1,296,000

$1,050,000

$1,242,000

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