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Business, 05.03.2020 09:33 peno211

Victoria Corporation manufactures quality vases. Budgeted sales and production data for the vases are as follows: Month 1 budgeted unit sales 1 comma 700 Month 2 budgeted unit sales 2 comma 100 Month 3 budgeted unit sales 3 comma 400 Month 1 budgeted unit production 2 comma 900 Month 2 budgeted unit production 2 comma 500 Month 3 budgeted unit production 3 comma 500 Raw material required for each finished unit (in pounds) 1 Each vase requires one pound of clay in its manufacture. Victoria Corporation has a policy that the inventory of clay at the end of each month needs to be equal to 30% of the production needs for the following month. At the beginning of January, 870 pounds of clay were in inventory. How many pounds of clay would Victoria Corporation need to purchase in February (Month 2)?

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