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Business, 08.11.2019 21:31 eastonstelter
The tobler company has budgeted production for next year by quarter as follow:
quarter first second third fourth
units 10,000 12,000 16,000 14,000
four pounds of raw materials are required for each unit produced. raw materials on hand at the start of the year total 4,000pounds. the raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs. budgeted purchases of raw materials in the third quarter would be :
(a) 63,200 pounds
(b) 62,400 pounds
(c) 56,800 pounds
(d) 50,400 pounds
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