Solved

Julie Finn Is Preparing the Materials Purchases Budget for the First

Question 58

Multiple Choice

Julie Finn is preparing the materials purchases budget for the first quarter.The production manager has provided the following production budget information: January - 60,000 units, February - 55,000 units, March - 50,000 units.Each unit requires 5 gallons of direct materials, and Julie wants to maintain an ending inventory equal to 15% of the next month's production needs.How many gallons will Julie budget to purchase in February?


A) 271,250
B) 275,000
C) 282,500
D) 312,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions