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How many pounds of clay would victoria corporation

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Reference no: EM132603710

Victoria Corporation manufactures quality vases. Budgeted sales and production data for the vases are as? follows:

Month 1 budgeted unit sales                    1,500

Month 2 budgeted unit sales                     2,700

Month 3 budgeted unit sales                       4,000

Month 1 budgeted unit production               2,400

Month 2 budgeted unit production                3,500

Month 3 budgeted unit production                3,400

Raw material required for each finished unit? (in pounds) 1

Question 1: Each vase requires one pound of clay in its manufacture. Victoria Corporation has a policy that the inventory of clay at the end of each month needs to be equal to 10?% of the production needs for the following month. At the beginning of? January, 240 pounds of clay were in inventory. How many pounds of clay would Victoria Corporation need to purchase in February? (Month 2)?

Reference no: EM132603710

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