Prestwich company has budgeted production for next year as

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Prestwich Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in units 76,000 96,000 106,000 86,000 Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs for material. A total of 38,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be.

Reference no: EM13569770

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