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Yummy Foods expects to have 37,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets
Yummy Foods expects to have 37,000 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: April May June July 121,000 131,000 141,000 121,000 At the end of each month the firm desires its ending raw material inventory to be 15% of the next month's production needs. Each finished unit requires three pounds of raw materials. Yummy Foods' budgeted purchases (in pounds) of raw materials for June would be: Multiple Choice O 414.000 423,000. O O 432,000. O 477,450. O 540,900
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