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What is the desired ending inventory for quarter 1? Below is data for Queens Island, Corp. The desired ending raw material inventory in the current

What is the desired ending inventory for quarter 1? Below is data for Queens Island, Corp. The desired ending raw material inventory in the current quarter should equal to 10% of the next quarters 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.

image text in transcribed Copr., Goedl Below is data for Queens Island, Corp. The desired ending raw material inventory in the current quarter should 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 1 ? \begin{tabular}{l} \hline 4,000 \\ \hline 8,000 \\ \hline 6,600 \\ \hline 3,250 \end{tabular}

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