What the dollar amount of Material A

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Question - Stephanie Corporation sells a single product. Budgeted sales for the year are anticipated to be 671,000 units, estimated beginning inventory is 107,000 units, and desired ending inventory is 84,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.

Material A: 0.50 lb. per unit @ $0.54 per pound

Material B: 1.00 lb. per unit @ $1.64 per pound

Material C: 1.20 lb. per unit @ $1.27 per pound

Required - What the dollar amount of Material A used in production during the year?

a. $987,552

b. $181,170

c. $1,062,720

d. $174,960

Reference no: EM133057700

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