Multiple Choice
Saphire Company budgeted the following production in units for the second quarter of the year:
Each unit requires four 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.Desired ending inventory for April in pounds equals:
A) 45,600.
B) 11,400.
C) 10.500.
D) 38,300.
E) 54,000.
Correct Answer:
Verified
Correct Answer:
Verified
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