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The Ralston Company manufactures a special line of alloy tubing. The company estimates it will sell 75,000 meters of this item for each of the
The Ralston Company manufactures a special line of alloy tubing. The company estimates it will sell 75,000 meters of this item for each of the next several years. The beginning 2021 finished goods inventory contains 15,000 meters. The target for each year's ending inventory is 27,000 meters. Sales take place evenly throughout the year. What is the total production budget (in meters) for 2021? (Round to the nearest 1.00)
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