Multiple Choice
The following are budgeted data: Two pounds of material are required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs. Purchases of raw materials for May should be:
A) 39,200 pounds
B) 52,000 pounds
C) 36,800 pounds
D) 38,000 pounds
Correct Answer:

Verified
Correct Answer:
Verified
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