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Yummy Foods expects to have 51,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets

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Yummy Foods expects to have 51,000 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 for raw materials (in pounds) during April should be: Multiple Choice 547,000 253,000 Multiple Choice 547,000 . 253,000 . 649,000. 540,000 . 598,000

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