[The following information applies to the questions displayed below.]
The following information is from the manufacturing budget and budgeted financial statements of Altman Corp.:
![[The following information applies to the questions displayed below.] The following information is from the manufacturing budget and budgeted financial statements of Altman Corp.: -Sherman has budgeted sales for the upcoming quarter as follows: The desired ending finished goods inventory for each month is one-half of next month's budgeted sales.Three pounds of direct material are required for each unit produced.If direct material costs $5 per pound,and must be paid for in the month of purchase,the budgeted direct materials purchases (in dollars) for April are: A) $17,500. B) $40,500. C) $26,250. D) $38,250.](https://d2lvgg3v3hfg70.cloudfront.net/TB1009/11eaae1a_a28c_f18d_b09f_d1ef3f5b1a67_TB1009_00_TB1009_00_TB1009_00_TB1009_00.jpg)
-Sherman has budgeted sales for the upcoming quarter as follows: ![[The following information applies to the questions displayed below.] The following information is from the manufacturing budget and budgeted financial statements of Altman Corp.: -Sherman has budgeted sales for the upcoming quarter as follows: The desired ending finished goods inventory for each month is one-half of next month's budgeted sales.Three pounds of direct material are required for each unit produced.If direct material costs $5 per pound,and must be paid for in the month of purchase,the budgeted direct materials purchases (in dollars) for April are: A) $17,500. B) $40,500. C) $26,250. D) $38,250.](https://d2lvgg3v3hfg70.cloudfront.net/TB1009/11eaae1a_a28d_189e_b09f_cbb195da3356_TB1009_00.jpg)
The desired ending finished goods inventory for each month is one-half of next month's budgeted sales.Three pounds of direct material are required for each unit produced.If direct material costs $5 per pound,and must be paid for in the month of purchase,the budgeted direct materials purchases (in dollars) for April are:
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