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What raw materials purchases budgeted for may in pound equal

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Reference no: EM132607598

Saphire Company budgeted the following production in units for the second quarter of the year:

April              45,000

May              38,000

June            42,000

Each unit requires 5 pounds of raw material. Saphire's policy is to have 30% of the following month's production needs for materials in inventory. This policy was met in March.

Question 1: Raw materials purchases budgeted for May in pounds equal:

Group of answer choices

Option a) 196,000 pounds

Option b) 171,600 pounds

Option c) 202,400 pounds

Option d) 156,800 pounds

Reference no: EM132607598

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