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What would be the budgeted purchases of raw materials

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Reference no: EM132607870

The Tobler Company has budgeted production for next year as follows:

Quarter                   First           Second            Third             Fourth

Production in Units      10,000       12,000            16,000             14,000

Problem 1: Four kilograms of raw materials are required for each unit produced. At the start of the year, raw materials on hand total 4,000 kilograms. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs. What would be the budgeted purchases of raw materials in the third quarter?

A) 63,200 kilograms.

B) 62,400 kilograms.

C) 56,800 kilograms.

D) 50,400 kilograms.

Reference no: EM132607870

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