Multiple Choice
Use the following to answer questions
Waterford Enterprises' unit production was budgeted for the first six months of its fiscal year as follows:
Each unit of product requires 15 pounds of raw material and management wants to maintain an ending inventory of raw material equal to 12% of the next month's production requirements.
-The direct materials purchases budget for May is:
A) 603,300
B) 615,000
C) 677,100
D) 750,900
Correct Answer:

Verified
Correct Answer:
Verified
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