What is the budgeted materials purchases for key material

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Question1 : Boulware Company's budgeted production calls for 5,500 units in October and 8,500 units in November. Each unit requires 8 pounds (lbs.) of raw material A. Each month's ending inventory of raw materials should equal 30% of the following month's budgeted materials requirements. The October 1 inventory for this material is 13,200 pounds. What is the budgeted materials purchases for this key material in pounds for October?

Multiple Choice

Option 1: 44,000 lbs.

Option 2: 51,200 lbs.

Option 3: 64,400 lbs.

Option 4: 77,600 lbs.

Option 5 40,150 lbs.

Reference no: EM132515769

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