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Find raw materials purchases budgeted for may in pounds

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Reference no: EM132607659

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:

Option a) 196,000 pounds

Option b) 171,600 pounds

Option c) 202,400 pounds

Option d) 156,800 pounds

Reference no: EM132607659

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