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Find the dollar amount of material c used in production

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Question - Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 619,000 units, estimated beginning inventory is 100,000 units, and desired ending inventory is 87,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.

Material A 0.50 lb. per unit @ $0.71 per pound

Material B 1.00 lb. per unit @ $2.26 per pound

Material C 1.20 lb. per unit @ $1.01 per pound

Required - Find the dollar amount of Material C used in production during the year?

a. $807,919

b. $661,025

c. $881,366

d. $734,472

Reference no: EM132574347

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