Mandy Corporation Sells a Single Product

question 112

Multiple Choice

Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.​
Material A: 0.5 lb. per unit @ $0.60 per pound
Material B: 1.0 lb. per unit @ $1.70 per pound
Material C: 1.2 lbs. per unit @ $1.00 per pound
-The dollar amount of Material B used in production during the year is

• A)$1,057,400
• B)$1,193,400
• C)$1,026,800
• D)$1,224,000

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Definitions:

Living Conditions

The circumstances affecting the daily life and well-being of people, including their housing, environment, and access to resources and services.

Great Strike

A significant labor strike, often referring to the first nationwide railroad strike in the United States in 1877.