How many kilos of materials will company need to purchase

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Reference no: EM132520556

oronado Exports, Inc. budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1, 2019 to June 30, 2020:

                         June 30, 2020              June 30, 2019

Raw Materials       2980 kilos                    2020 kilos

Question 1: Three kilos of raw materials are needed to produce each unit of finished product. If Coronado Exports plans to produce 279800 units during the 2019-2020 fiscal year, how many kilos of materials will the company need to purchase for its production during the year?

Option 1: 840360

Option 2: 842380

Option 3: 839400

Option 4: 838440

Reference no: EM132520556

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