Solved

Stephanie Corporation Sells a Single Product

Question 142

Multiple Choice

Stephanie Corporation sells a single product.Budgeted sales for the year are anticipated to be 640,000 units,estimated beginning inventory is 108,000 units,and desired ending inventory is 90,000 units.The quantities of direct materials expected to be used for each unit of finished product are given below. ​
Material A 0.50 lb.per unit @ $0.70 per pound
Material B 1.00 lb.per unit @ $1.70 per pound
Material C 1.20 lb.per unit @ $1.00 per pound

The dollar amount of material A used in production during the year is


A) $217,700
B) $528,700
C) $311,000
D) $224,600

Correct Answer:

verifed

Verified

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

Related Questions