$\begin{array}{ll}\text { April } & 45,000 \\\text { May } & 38,000 \\\text { June } & 42,000\end{array}$

question 24

Multiple Choice

$\begin{array}{ll}\text { April } & 45,000 \\\text { May } & 38,000 \\\text { June } & 42,000\end{array}$ Each unit requires four pounds of raw material. Saphire's policy is to have 30% of the following month's production needs for materials in inventory. This policy was met in March.
-Refer to Figure 9-1. Raw materials purchases budgeted for May in pounds equal:

• A) 156,800
• B) 202,400
• C) 45,600
• D) 171,600
• E) 225,600

---

Definitions:

Accounts Receivable

Money owed to a business by its customers for goods or services delivered but not yet paid for.