Production of Product 101 Has Been Budgeted at 300,000 Units

question 106

Multiple Choice

Production of Product 101 has been budgeted at 300,000 units for June.One unit of Product 101 requires 3 lbs.of raw material.The projected beginning and ending materials inventory for June are:
Beginning inventory: 4,000 lbs.
Ending inventory: 16,000 lbs.
How many lbs.of material should be purchased during June?

• A)288,000
• B)312,000
• C)912,000
• D)936,000

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Definitions:

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