Clic, Inc, Provides the Following Data for the Next Four Months

Essay

Clic, Inc., provides the following data for the next four months:
Desired Ending Inventory:
Raw Materials = 30% of next month's production needs
Finished Goods = 20% of next month's sales
Pounds of raw material required for each finished Unit = 5 lbs.
Required: Calculate the amount of purchases of raw materials in pounds for April and May.