Tripod Exports, Inc Three Kilos of Raw Materials Are Needed to Produce Each

question 50

Multiple Choice

Tripod Exports, Inc.budgets on an annual basis for its fiscal year.The following beginning and ending inventory levels are planned for the fiscal year of July 1, 2016 to June 30, 2017: $\begin{array}{llcc}& \underline { \text { June } 30,2017} & \underline { \text { June } 30,2016} \\\text { Raw Materials } & 3,000 \text { kilos } & 2,000 \text { kilos }\end{array}$
Three kilos of raw materials are needed to produce each unit of finished product.If Tripod Exports plans to produce 280,000 units during the 2016-2017 fiscal year, how many kilos of materials will the company need to purchase for its production during the year?

• A)841,000
• B)843,000
• C)840,000
• D)839,000