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How many meters of raw material would be budgeted

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Reference no: EM133113133

Question - Zeta Company budgets on an annual basis. The following Raw Material Inventory is planned for 2022:

January 1 - 40,000 meters

December 31 - 10,000 meters

The Production Budget indicates that 450,000 units need to be produced to meet the expected sales level of 575,000 units.

Three (3) meters of raw material are needed to produce each unit of finished product.

Required - How many meters of raw material would be budgeted to be purchased for 2022?

Reference no: EM133113133

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