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Yummy Foods expects to have 4 4 , 0 0 0 pounds of raw materials inventory on hand on March 3 1 , the end
Yummy Foods expects to have pounds of raw materials inventory on hand on March the end of the current year. The company budgets the following production in units for April through July, inclusive:
April
May
June
July
At the end of each month the firm desires its ending raw material inventory to be 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:
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