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Yummy Foods expects to have 40,000 pounds of raw materials inventory on hand on March 31 , the end of the current year. The company
Yummy Foods expects to have 40,000 pounds of raw materials inventory on hand on March 31 , the end of the current year. The company budgets the following production (in units) for April through July, inclusive: At the end of each month the firm desires its ending raw material inventory to be 10% of the next month's production needs. Each finished unit requires four pounds of raw materials. Yummy Foods' budgeted purchases (in pounds) of raw materials for June would be: Multiple Choice 578 , 800 . 588 , 000 . 597 , 200 . 637 , 600
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